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Larnaca Port and Marina: €415 Million Redevelopment Roadmap Unveiled

7/3/2026
Port Updates
Larnaca Port and Marina: €415 Million Redevelopment Roadmap Unveiled

The Cyprus Ports Authority has presented its long-term roadmap for the transformation of Larnaca Port and Marina, a programme of works valued at approximately €415 million and stretching all the way to 2045. The plan splits the waterfront's future into three parallel sub-projects, each with its own scope, budget and timeline — and together they represent one of the most significant infrastructure commitments Cyprus has made to its second-largest port city.

Three Sub-Projects, One Vision

Sub-Project A — Marina Land Areas (€190 million, 2027–2036)

The largest single component covers the marina's land side and adjacent plots. Early works focus on upgrading existing public spaces and relocating the shipyards from the marina to the northern section of the port. The scope takes in road networks, core infrastructure, public and green spaces, and parking. In later phases, the area is earmarked for commercial and mixed-use development — retail, hotels, conference facilities, restaurants, leisure amenities and offices — driven primarily by private investment.

Sub-Project B — Marina Redevelopment (€20 million, 2027–2036)

A focused package for the marina itself: infrastructure maintenance, new service buildings, and an extension of the leeward breakwater together with a new southern quay.

Sub-Project C — Port Modernisation and Expansion (€205 million, to 2045)

The port's own upgrade begins with maintenance works, network improvements and equipment procurement, alongside new administrative and passenger buildings. The heavyweight infrastructure — new quays, a leeward breakwater and an expanded harbour basin — is programmed for the 2036–2045 window.

A Blue Economy Hub for the Eastern Mediterranean

The Ports Authority describes the goal as a “modern, sustainable and internationally competitive waterfront” that combines port operations with business, tourism, leisure and cultural uses — positioning Larnaca as a blue economy hub for the region. Under the delivery model, the Authority retains responsibility for core infrastructure while commercial ventures are opened to private investors. The full Master Plan is targeted for completion by 2029.

What Has to Happen First

  • Transfer of land ownership to the Cyprus Ports Authority
  • Termination of the current port lease arrangement
  • Formal designation of the area as a port zone
  • Legislative amendments concerning the marina

What It Means for Shippers and Vessel Operators

For cargo interests and vessel operators calling at Larnaca, the plan signals a long runway of improvement: better quays, a protected harbour basin, modern passenger facilities and upgraded utilities. As port agents active at every Cypriot port, Shoham will be following each phase closely — from the shipyard relocation in the early years to the new quay construction in the 2030s — and keeping our principals informed on how works may affect berthing, anchorage and turnaround times at Larnaca.

Source: Cyprus Business News (CBN). Rewritten and republished with additional industry commentary by Shoham Shipping & Logistics.