Archive for the 'Infrastructure' Category

Cyprus hopes the new airport will boost tourism

Larnaca will soon benefit from a new international airport that can handle up to 7.5 million people annually with a provision to extend this to nearly 10 million when the need arises.
Cypriot President Demetris Christofias opened the new Larnaca terminal, built by a consortium of French and Cypriot companies, at a ceremony attended by French [...]

Popularity: 28% [?]

Tersefanou Golf Resort -finest in the Mediterranean

In Addition to the wonderful golf courses in Cyprus, another golf course has been planned in Tersefanou, a village outside Larnaca.
Overseas property professional has reported that Med Group, a consortium of Cypriot developers is expecting to receive the go ahead for a €300 million golf resort project at Tersefanou within the next few months and [...]

Popularity: 36% [?]

Government initiatives raise the investment potential of Cyprus

Extensive redevelopment is underway in Cyprus by the government – a move which could further boost the island’s tourist industry and property market, according to reports.
Cyprus has become one of the most popular holiday destinations bringing in over £1.7 billion in revenue every year to the country. Financial Mirror cited government’s official data that more [...]

Popularity: 39% [?]

Property investors has to be energy-wise

Eurostat, EU statistical service has revealed that Cyprus saw the biggest rise in household electricity prices in last 2 years, rising way above the EU average. Generally, electricity prices (inclusive of all taxes) for households in the EU25 rose by only 4.6% between January 2005 and January 2006, Cyprus saw a rise of 31.4% in [...]

Popularity: 23% [?]

Cypriot authorities prepare for Infrastructure upgrades

Akis Kelepeshis, chairman of the Association of Cyprus Travel Agents (ACTA) has called for a series of wide-ranging infrastructure improvements and new facilities such as marinas, conference centers and casinos has to be created in the country.
He was quoted by the Financial Mirror the improvements will have a series of knock-on effects, as it will [...]

Popularity: 21% [?]

The work on world-class airports reveals increased visitors numbers

Overseas property investors have relatively easy access to Cyprus with the growth of cheap air travel and a growing number of airlines are offering services to the island from different airports.
According to official figures, the number of people passing through international airports in Cyprus has increased this year. The passenger numbers in 2007 increased 4 [...]

Popularity: 71% [?]