The Ministry of Transport will call for tenders by the end of this week to attract investors for the use of Limassol Port`s commercial activities.
The announcement was made by Minister Marios Demetriades, who said the aim is to significantly expand port operations and transform Cyprus into a transit hub for port services.
Demetriades said that the commercialisation of the port of Limassol is of strategic importance for Cyprus, as it provides another opportunity for development and it is a task that cannot be delayed for even a single day.
The tender will call for bidders for the three services offered at Limassol port, the island’s main port of call that accounts for 80% of passenger traffic and 70% of all commercial activity.