Limassol Del Mar Celebrating One Year From the Inaugural Stone Event

Celebrating one year from the Inaugural Stone Event in October 2017, we share again IN Business News coverage. The foundation stone of Limassol Del Mar, a landmark development in Limassol, was unveiled in the presence of the President of the Republic of Cyprus Νίκος Αναστασιάδης (Nicos Anastasiades) and other prominent international and local personalities.

The President expressed his satisfaction on the fact that 
LimassolDelMar provides a refreshing addition to the Cypriot economy and at the same time promotes the island abroad while attracting significant investment and quality tourism. Mr. Michalis D. Zavos, Chief Executive Officer of the D Zavos Group and Director of the Cypeir Properties Ltd, referred to the importance of joint venture projects for the promotion and expansion of both Limassol and the country, in general. In turn, Mr. Pantelis Leptos, Deputy Chairman of the Leptos Group of Companies Leptos Estates and Director of Cypeir Properties Ltd, noted that the whole project is a purely Cypriot private initiative and stressed that the close collaboration of the two groups highlights that a small country is capable of delivering large-scale