Lack of funds wrecks Poseidon’s Paphos marina project

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Lack of funds wrecks Poseidon’s Paphos marina...
 © CyprusMail 2017
The Poseidon consortium’s ambitious €215 million project to build and run the new Paphos marina was finally rejected on Wednesday, leaving runner up Pafilia construction company in with a chance to take on the project.

The marina management committee has now asked Pafilia to provide evidence that they can fund the construction and running of the marina.

“Provided the company meets the requirements and conditions of the competition an agreement will be signed between the government and Pafilia for the construction and operation of the Paphos marina,” head of the Paphos Chamber of Commerce...


Lack of funds wrecks Poseidon’s Paphos marina project


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