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Government will do everything to keep Larnaca project going

President Nikos Christodoulides emphasized on Saturday that workers previously employed by Kition Ocean Holdings should not worry about their jobs.

He assured them that the government is fully committed to ensuring the Larnaca marina project’s progress and will take all necessary measures to support it.

Recently, the government made the decision to terminate its agreement for a €1.2 billion project at  Larnaca’s port and marina. This step was taken due to Kition Ocean Holdings’ consistent failure to fulfill its financial guarantee obligations.

Famagusta Gazette