{"id":8318,"date":"2024-04-15T18:02:14","date_gmt":"2024-04-15T15:02:14","guid":{"rendered":"https:\/\/ch.jfdi.cc\/?p=8318"},"modified":"2024-04-15T18:02:14","modified_gmt":"2024-04-15T15:02:14","slug":"larnaca-port-project-back-on-track-company-announces","status":"publish","type":"post","link":"https:\/\/ch.jfdi.cc\/?p=8318","title":{"rendered":"Larnaca port project back on track, company announces"},"content":{"rendered":"<p>Kition Ocean Holdings (KOH) announced today a positive outcome following a meeting with President Christodoulides.<br \/>\nThe announcement states that the President\u2019s \u201cinvaluable intervention\u201d helped to \u201cbridge initial differences\u201d between the government and KOH regarding the Larnaca port project.<br \/>\nAccording to KOH, a \u201cproductive dialogue\u201d resulted in an agreement for KOH to place a \u20ac4.2 million guarantee. This paves the way for \u201cfurther discussions on the details concerning the specifics of this guarantee amount.\u201d The announcement clarifies that upon submission of the guarantee, the government has committed to \u201cpromptly engage in discussions about the Company\u2019s variation requests as outlined in the Concession Agreement.\u201d<br \/>\nKOH expresses optimism that this newfound cooperation will lead to a swift resolution of outstanding issues and a \u201cprompt\u201d commencement of construction works. The announcement concludes by reiterating KOH\u2019s commitment to \u201cmoving forward in a spirit of collaborative engagement to ensure the success of the project.\u201d<br \/>\nRead more:<\/p>\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-in-cyprus-com wp-block-embed-in-cyprus-com\"><\/figure>\n<p>port. positive outcome, meeting, President Christodoulides<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kition Ocean Holdings had a positive meeting with President Christodoulides regarding the Larnaca port project. As a result of the President&#8217;s intervention, initial differences were bridged, leading to an agreement for KOH to place a \u20ac4.2 million guarantee. This cooperation is expected to resolve outstanding issues and allow for the prompt commencement of construction works.<\/p>\n","protected":false},"author":5,"featured_media":8319,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3038,4368,186,1031,1625,2261,3475,4657,415,613,4691,2796,6255,157,1092,1346,1220,6531,4843,2405,4753,1538,114],"class_list":["post-8318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other","tag-agreement","tag-bridge","tag-business","tag-christodoulides","tag-construction","tag-construction-works","tag-cooperation","tag-dialogue","tag-government","tag-insider-economy","tag-intervention","tag-issues","tag-kition-ocean-holdings","tag-larnaca","tag-larnaca-port","tag-meeting","tag-port","tag-positive-outcome","tag-president","tag-president-christodoulides","tag-project","tag-resolution","tag-top-news"],"acf":{"keyphrase":"","keywords":"","sourceimg":"","country-category":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Larnaca port project back on track, company announces<\/title>\n<meta name=\"description\" content=\"Kition Ocean Holdings had a positive meeting with President Christodoulides regarding the Larnaca port project. 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