
Cyprus is currently undergoing massive investment on both a national and local level designed to make the island an all year round destination. Financing for the projects are a mixture of both government and private equity. Projects that have been agreed and are already underway include:
• €633 million investment to expand the capacity of Larnaca international airport and renovation and expansion of Paphos airport
• Attraction of low cost airlines to allow easy access and promote increased visitor numbers via new airport terminals and hubs
• The Wonderworld Theme Park development
• Multi million-Euro expansion of the current Marina in Larnaca
• Multi million-Euro development of the Limassol Golf course
• Development of all other local marinas to attract boating enthusiasts
• Development of new multi-purpose medical centres
• Extension and development of both existing and new District General Hospitals
• New and updated local infrastructure surrounding motorway networks and access links to other districts across the island
Everything is making for an interesting and exciting time as the rate of change in Cyprus appears to be reaching out to everyone and suggests that now is a good time to take advantage of everything that Cyprus has to offer.
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