Interest submitted for Paphos Marina project development

The deadline for submitting expressions of interest for the Paphos Marina development expired on Monday, February 9. The project has attracted significant attention from several international investment groups following years of delays and discussions. A key participant in the process is the Cusano Mare Consortium, a group specifically formed for this concession. This consortium includes international organizations with experience in maritime infrastructure projects across Europe and Israel. Local involvement includes Aristo Developers, focusing on the land-based construction aspect of the project. The MITAS Group is also part of the partnership, providing expertise in electromechanical and energy systems. The project aims to enhance tourism infrastructure and provide a substantial boost to the local economy. This current phase is characterized by a new concession structure and institutional framework intended to ensure progress.