Investments at this time are the cornerstone of development and the government is encouraging investments as a top priority, President of the Republic Nicos Anastasiades said on Thursday.
In a speech at the opening of the Limassol Marina, President Anastasiades said the Marina was an ornament for Limassol and Cyprus as a whole, and came amid the financial crisis as an answer to those questioning the economic capabilities and dynamism of Cypriot businesspeople.
President Anastasiades said projects of such scale were rarely completed in times of recession, adding that the Limassol Marina was already operating and stood as a reminder that the Cypriots are determined to recover and move forward.
He also expressed certainty that in efforts to recover from the financial crisis, much would be achieved in a short time, adding that investments were important for the country.
President Anastasiades said the Limassol Marina was a development project, which placed Cyprus on the world map of high level marine recreation, and opened new horizons for Cyprus` tourism in general.
The Limassol Marina has 650 berths that can accommodate boats, yachts and super-yachts from 8m to 115m, and hosts luxury apartments and villas with private berths or direct access to the sea, as well as restaurants, cafeterias, and shops.