It is noticeable how city centres can change from one day to another, so to speak. Larnaca, the “poor” relative of all towns, partly due to its unfortunate vocal pressure groups and some municipal corruption in the past, has been left behind in its development. The very recent upgrade of the original town with numerous … Read more
Cyprus remains a prime destination for investors eyeing lucrative deals in the real estate sector, as the island offers a variety of investment opportunities for both local and foreign investors, according to a leading real estate company. The biggest opportunity at the moment is on the south east coast, in Larnaca, as the government moves … Read more
Options for Larnaca’s port and marina are being evaluated, with a commitment to inform the public about next steps soon. The Amalthea initiative at the port is currently not operating with cranes, but efforts are being made to increase output. Pay interruptions for employees are being handled by the labour ministry. Both a marina and a port will be the outcome of the project, with a re-evaluation of the types of cargo transported through Larnaca. The possibility of niche specialization for farmers and livestock operators is being considered. The project may involve breaking it down into smaller components and reducing its scale. The restart of the project may take time and changed circumstances must be taken into account. The state’s public works department may take on building roads and pumping stations to speed up the process.
The Cyprus government has scrapped a €1.2 billion concession for the development of the Larnaca marina and port, leading to questions about the financial viability of public contracts and the administration’s cash flow.
Workers hired by Kition Ocean Holdings do not need to be concerned about the future of their employment as the government is committed to keeping the project going. The government terminated its agreement with Kition Ocean Holdings due to their failure to pay the financial guarantee. The port authority has the capability to take on the project. Workers who were fired by Kition Ocean Holdings will transition their employment to the Larnaca and Famagusta District Development Agency.
Workers at the Larnaca port staged a protest against former port operator Kition Ocean Holdings over fears regarding their pay after Kition’s contract was terminated by the government. The government reached a deal with the workers to ensure their continued employment while searching for a new operator. Qatar has shown interest in taking over the port’s running. President Christodoulides wants the issue to be handled immediately.
A legal dispute has arisen regarding the future of workers at Larnaca Port and Marina after a development project collapsed. The contracting company, Kition Ocean Holdings, transferred the workers to the state instead of sending termination letters. Trade unions argue that proper termination letters are needed for the workers to be reassigned to the Development Company. The company claims they followed the TUPE law to protect the workers’ rights during the transfer. The workers met with the Mayor to express their concerns, and further discussions are scheduled.
Qatar has shown interest in taking on the running of the Larnaca port. President Nikos Christodoulides wants the issue to be handled immediately. Kition sent notice of dismissal to all its workers at the port on Tuesday night.
The three upcoming summer concerts featuring Tom Jones, Ed Sheeran, and Bonnie Tyler that were supposed to be held at the Larnaca marina have been moved to a nearby area called ‘Land of Tomorrow’ due to the government terminating its agreement with Kition Ocean Holdings over the Larnaca port and marina project.
Kition Ocean Holdings expressed concern for the welfare of its employees following the government takeover of the port and marina. The company blamed the government for not having a handover period, causing uncertainty for staff. Kition stated that according to the TUPE law, employees should be automatically transferred with their existing rights to the new employer. The company seeks reassurance from the government that employees’ rights will be protected during the transition.