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Cypriot Air Route Development Support Scheme to benefit Larnaca and Paphos airports

17th July, 2009

CTO launches air route development scheme in conjunction with foreign consultant

Both Cyprus airports are effectively ‘new’

Tourism to Cyprus under threat and, like Spain, construction has faltered

Scheme approved under EU guidelines

Complex rules apply

Questions being asked about a current UK interpretation

[1648 words]

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This report contains the following subheadings:

  • Biggest ever construction contract in Cyprus and the first BOT privatisation
  • Economy dominated by the service sector
  • Approved under EC guidelines
  • Outermost region

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