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March April 2020 Marina World

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Contract pending for Larnaca CYPRUS: A contract is due to be signed early this month (March) between the Government of Cyprus and the Cyprus-Israeli consortium Kition Ocean Holding for the long-awaited redevelopment of Larnaca port and marina. The investment is likely to be in the region of €1 billion for a project that could take ten to 15 years. In addition to covering port infrastructure, road networks, green spaces, housing and leisure fo)rmalities, the focus will be on Kaikoura secures development funds NEW ZEALAND: The Provincial Growth Fund (PGF) has awarded nearly million to Kaikoura District Council to help fund the Kaikoura Marina Development Programme. Kaikoura, a town on the east coast of the South Island 1,180km (733mi) north of Christchurch, was devastated by an earthquake in 2016. The funding is for two projects, with the bulk of the money going to redevelop Wakatu Quay into a mixed use commercial, retail and hospitality area and the remainder financing a business study into developing the harbour at South Bay. Kaikoura mayor, Craig Mackle, described the award as “an exciting and significant endorsement of Kaikoura’s recovery and its bright future.” “Over my lifetime, South Bay Harbour has grown from something of a local playground where you knew to stay out of the fisherman’s way, to a busy gateway to our marine world. The business case will help it grow still further and make sure that gateway can serve our District and our visitors for generations to come,” he said. Ministry invests in tourist port potential SRI LANKA: State Minister of Ports Development, Kanaka Herath, has confirmed that a new Yacht Marina Zone is soon to be established in the port of Galle on the southwest coast. Yacht facilities at Galle, whose old town and fortifications are a UNESCO World Heritage site, were badly damaged by a tsunami and restored in part in 2015. The decision to further improve WORLD NEWS restructuring the marina for between 600 and 650 boats and incorporating the latest harbour facilities and technology. Mackle also has high hopes for Wakatu Quay. “I have no doubt that with nearly million we’ll be able to give the Quay a new lease of life and turn it back into a place that provides employment, pride and connection between locals and visitors, our culture and our environment,” he noted. Parliamentary Undersecretary for Regional Economic Development, Fletcher Tabuteau, who announced the award, commented: “Tourism is one of Kaikoura’s largest employers and main industries. The Kaikoura Marina Development Programme begins the process of increasing the tourism destinations available in Kaikoura. [It] is projected to create up to 50 new jobs and up to 100 indirect new jobs in the wider Kaikoura region.” berthing facilities is aimed at transforming the site into a tourist port. The project includes building a breakwater, dredging the entrance channel and constructing a deep-water passenger vessel terminal. - March/April 2020 9 Innovative. Durable. Low- Maintenance. EXPERT DOCK BUILDER AND MARINE CONTRACTOR 800-733-5679

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