Expert help for newbuild marina process

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Paralimni Marina masterplan.

by Phil Dunn
In late 2015 the Cypriot Government, keen to expand the marine tourism offer, launched a competitive process for the concession to Design, Build, Finance and Operate (DBFO) a new 300-berth marina and waterfront development at Paralimni in the Famagusta region of Cyprus. 

The concession period was to be for 125 years. Under the terms of the concession, the developer was obliged to incorporate the local fishing harbour (Pernera Fish Shelter) into the marina waterspace, to provide a public access promenade and continuous coastal path in addition to creation of a dedicated 12,000m² (129,167ft²) environmental park - roughly double the footprint of allowable development buildings. In short, any formal proposals would have to contribute significantly to the local community and improve the foreshore accessibility.

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