Cyprus – Marinas and Harbours

Law 4/1977 for Marinas and Yacht Harbours regulates operation and prices. Great shortage of facilities. Government invites Private Sector to invest in specific locations after these have undergone primary environmental impact analysis/assessment carried out by the Government. Marina and Yacht Harbour construction legislation and lease agreements under rigorous consideration. All construction works on coastal zone require environmental impact analysis/assessment. No financial support for development at the moment.