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Unveiling the Paphos Marina: A Landmark Multimillion-Euro Development

The long-awaited construction of the Paphos Marina is finally stepping into reality, set to transform Cyprus’s coastline with a blend of residential, commercial, and maritime excellence.The Ministry of Tourism is poised to initiate the tendering phase, inviting bids for this ambitious project on April 2, 2025, as announced in their official Brief report.

Strategically designed to include a full-scale Design, Build, Finance, Operate, and Transfer concession, the marina will host 1,000 vessels, with 650 sea berths and 350 on land for maintenance and storage. Located in Kissonerga, this expansive 155,000 square-meter facility will not only boost Cyprus’s maritime sector but also open official entry pathways to the country.

The bid process comprises two crucial phases: Expression of Interest, followed by the Invitation to Tender, with pre-selected candidates submitting comprehensive proposals.

Amid economic stakeholder input gathered by January 22, 2025, the goal is clear: attract the right investors and lock in advantageous concession terms for Cyprus. Additionally, the revamped infrastructure will offer luxury accommodations under long-term leases and modern administrative facilities.

This €400 million development, initially envisioned in 1990, promises to strengthen local tourism with state-of-the-art docking facilities, residential areas, and hotel accommodations. Business experts in Paphos continue to closely monitor the process, ensuring milestones are met to avert further delays.

Exciting times are ahead for maritime tourism as the final contract award is anticipated in early 2026, echoing a significant leap forward for Paphos Marina’s enduring vision.

A Shift in Shopping Habits: 76% of Cypriots Embrace Online Shopping

In an era heavily leaning towards the digital, Cyprus has marked a pivotal milestone with 76% of its citizens now engaging in online shopping, as revealed in the latest survey by the Office of the Commissioner of Electronic Communications & Postal Regulation (OCECPR).

The study shows not only an increase in the number of online shoppers, but also a rise in the frequency of purchases, from an average of 1.2 times per month in 2022 to 2.0 in 2025.

The survey collected feedback from over 1,500 participants, consisting of both citizens and small businesses, illustrating a nuanced shift in postal usage. Interestingly, while 95% of individuals still prefer Cyprus Post, this figure drops drastically for businesses, with just 28% relying on it, as they increasingly opt for private services.

Postal Patterns and Parcel Preferences

The report highlights a fascinating turnaround in postal habits. The number of letters received and sent has climbed since 2023, countering years of decline. Parcel deliveries have seen a similar uptick, with 71% of businesses reporting higher parcel over letter shipments and anticipating continued growth.

This aligns with global trends where businesses adapt to consumer demands for efficient logistics.

Decision Factors: Beyond Cost

Although citizens deem postal service costs reasonable, they largely base their choices on quality, location, and user experience. Businesses, on the other hand, prioritize quick service, competitive rates, extensive networks, and reliable tracking systems.

As the digital realm continues to evolve, it’s worthwhile considering the broader technological landscape and its implications.

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