Increase in revenue expected for Cyprus' Larnaca Port in 2018

Larnaca Port is expected to generate a revenue of over €9.5 million this year, due to a rise in activities, mainly due to additional cargo reaching the port from Europe, destined for exclusive economic zone works in Egypt and Israel.

Speaking before the Committee of Finance at the House of Representatives, which discussed the Cyprus Ports Authority (CPA) budget for 2018, Chairman of the CPA Petros Krassas noted that Larnaca Port was working to its full capacity.

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Photo Source: Wikimedia Commons Copyright: Andreas2009 License: CC-BY-SA

Source: CNA

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