All reports tagged with: "Paphos"
Just when we thought the construction of the Poseidon consortium’s Paphos marina was about to get underway, the consortium has failed to supply adequate evidence of its ability to finance the project.
The Paphos Grand Marina project, which has already been delayed by more than a decade, may face yet another delay following a decision by the authorities to refer the matter to the attorney-general.
The consortium awarded the contract for the construction of the Paphos marina has secured a letter from the Bank of Cyprus in which it guarantees to fund the entire project according to the president of the Paphos Chamber of Commerce and Industry.
A contractual dispute is threatening to derail Paphos marina following a demand by the contracting authority that the initial down payment by the consortium is submitted by November 10.
Demand for water in Paphos is increasing as more golf courses are built in the district and if there is little rain again this winter there is a real possibility of severe water shortages again next year.
The Paphos municipality of Pegeia, which has the largest population of British expatriates living in Cyprus, is the focus of an analysis of property sales undertaken by Delfi Partners and Company.
Earlier today the Poseidon Grand Marina of Paphos consortium was awarded the tender for the construction of the town’s marina, which will provide berths for around 1,000 plus residential and commercial developments.
Paphos mayor Phedonas Phedonos is investigating another case of possible corruption and although it appears that Paphos led the way, corruption had thrived in other towns for many years as well.
A demolition order has been sought by the Paphos District Office for 14 properties in Tala built on a hill along the main road leading to Kamares village in Paphos five years after they started to slip.
After years of legal wrangling the Paphos marina project has been given the green light following a judgement handed down by the Cyprus Supreme Court on Monday more than 25 years after initial studies were undertaken.