Lar­naca ma­rina and port de­vel­op­ment plans have been put on hold for an­other three weeks as the strate­gic in­vestor has asked for an ex­ten­sion to sub­mit their fi­nal fi­nan­cial offer for the project.

Financial Mirror (Cyprus) - - CYPRUS -

While lo­cal au­thor­i­ties, busi­nesses and other stake­hold­ers are look­ing for­ward to see­ing the project take off as Lar­naca will ben­e­fit sig­nif­i­cantly from the EUR 400 mln de­vel­op­ment, fears are ex­pressed that the project might go south along with other pri­vati­sa­tion projects planned.

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