dhekelia

Larnaca is redefining itself for tourism and investment

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Larnaca is redefining itself for tourism and investment

Larnaca is emerging as a profitable business destination offering several opportunities for professionals, entrepreneurs, and investors. The city is developing steadily, offering safety, a high financial return, and is suitable for any type of investment. Larnaca is centrally located on the island, has a small population, minimal traffic delays, and is close to essential amenities including its own port, marina, and an international airport with global connectivity. The city provides a welcoming environment with ideal climatic conditions for families and business activities. It has good infrastructure, capable human resources, and lower business costs compared to other cities in Cyprus. The service sector in Larnaca is noted for its professionalism and low cost. The city is attractive to large companies, with opportunities in construction, photovoltaic parks, technology, services, and tourism. Investment opportunities are also highlighted in the city center and coastal areas. Larnaca has a large and safe sandy sea area, and several attractions like Agios Lazarus church, the castle, the Salt Lake, Hala Sultan tekke mosque, and the Patticheio theatre and park. The city aims to become a preferred investment and tourist destination through planning and the exploitation of its comparative advantages.

Possible power cuts across much of island

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Possible power cuts across much of island

The Electricity Authority (EAC) warned of potential power outages in parts of the Larnaca, Nicosia, and Famagusta districts due to a serious failure of a generator at the Dhekelia power station. The outages are expected to be intermittent and short, lasting up to 30 minutes. This was the second consecutive day such a warning was issued. The EAC apologized for any inconvenience and is working to resolve the issue. They also urged consumers to limit electricity use, especially during peak hours between 6pm and 9pm, and advised properties with backup generators to ensure they are operational.

Dhekelia residents threaten to shut down power station

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Dhekelia residents threaten to shut down power station

Residents near the Dhekelia power plant have threatened to shut down the station due to unfulfilled promises of its closure by 2019. Community leaders from Ormidia and Xylotymbou have expressed dissatisfaction with the compensation provided since 2016, which was contingent on the plant’s closure by 2019. Ormidia’s community leader, Christofis Kasiaouris, highlighted the frustration of the area’s 20,000 residents, as the power station continues to operate. Xylotymbou’s community leader, Kyriacos Papageorgiou, disagreed with plans to upgrade and keep the power station operational until 2029. The Electricity Authority of Cyprus (EAC) has plans to install two new internal combustion engines at the plant, which has a capacity of 460 MW and is located about 15 kilometers east of Larnaca. Alexis Michaelides of the EAC stated that new compensation for the communities would be considered once the upgrade is confirmed. Ormidia has received €1 million, and Xylotymbou has received €200,000 in compensation for infrastructure projects. The House energy committee chair, Kyriacos Hadjiyiannis, mentioned the power plant’s adverse health effects on residents, and Akel MP Andreas Pashiourtides suggested that compensation should be similar to that given to residents near the Vasiliko power station.

Dhekelia residents threaten to shut down power station

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Dhekelia residents threaten to shut down power station

Residents near the Dhekelia power plant have threatened to shut down the station due to unfulfilled promises that it would cease operations by 2019. The plant’s operation and its effects on nearby communities were discussed in parliament, with community leaders from Ormidia and Xylotymbou participating. These leaders expressed dissatisfaction with the compensation provided since 2016, which was given with the expectation that the plant would close by 2019. Ormidia’s community leader, Christofis Kasiaouris, highlighted the frustration of the area’s 20,000 residents over the continued operation of the power station. Xylotymbou’s community leader, Kyriacos Papageorgiou, disagreed with plans to upgrade the plant and keep it operational until 2029. The Electricity Authority of Cyprus (EAC) has proposed installing two new internal combustion engines at Dhekelia, which is one of three EAC power plants and has a capacity of 460 MW. Alexis Michaelides from the EAC suggested that new compensation for the communities could be negotiated once the upgrade is confirmed. Ormidia has received €1 million in compensation for infrastructure projects, while Xylotymbou has received €200,000. The chair of the House energy committee, Kyriacos Hadjiyiannis, noted the plant’s impact on health, stating that pollution is tangible in the area. Akel MP Andreas Pashiourtides argued that compensation to these communities should be comparable to that given to residents near the Vasiliko power station.