Independent journal on economy and transport policy
08:37 GMT+2
CYPRUS: Larnaca port tender to be re-issued end-2016
(Financial Mirror)
August 5, 2015
The Larnaca marina and port privatisation will go out to tender again by the end of next year, after previous bidder Zenon Consortium failed to find the necessary funds for the project.
The facilities will now remain in state hands and the government has yet decided what to do next, as the deadlock has thrown a spanner in the works of the privatisation plans which is an obligation as part of the EUR 10 bln bailout plan agreed with the Troika of international lenders ...... Read more on Financial Mirror
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