Filenews 9 February 2026 - by Dora Christodoulou
Four investment joint ventures or firms have officially expressed interest in undertaking the major project of the construction of the Paphos marina, the largest planned on the island with a capacity of one thousand boats and with large land developments on the beach of Potima in Kissonerga.
The interest of these investors is the first stage of submission of interest in the process, which is expected to last several more months until the final stage of the award.
As Filenews reveals today, the four investment houses that have made their interest in the major project official are as follows:
Celicandia: This is a company of the Korantina Homes group, one of the largest and most well-known development groups in Paphos and Cyprus in general, with the flagship of the luxury project Cap St Georges Hotel and Resort in Agios Georgios, Pegeia.
Man Group: This is a Lebanese construction group.
Cusano Mare: It is a new consortium of Italian and Scandinavian investors in the construction sector.
Orestis Fintiklis: He is a Cypriot investor, with activity in the USA and the son of a well-known agent of the construction industry of Paphos.
The same information tells us that the aforementioned investment schemes may not necessarily appear on the website of the state e-procurement, where expressions of interest are submitted, with these exact names.
Competent bodies also pointed out to Filenews that the expressions of interest may not yet fully reveal even the cooperating consortia of which each of them has been submitted.
