Further development plans are in place to build hotels and residences at Karpas Gate Marina, says the marina representative, Liza Singer.
She added that total investments in the marina will reach 300 million euros and pointed out that this was the first direct investment made by a foreign business concern in the TRNC.
The new marina which opened two years ago, but became an official port of entry last year, can accommodate 300 vessels and is the widest marina in the eastern Mediterranean. It also contains one of the most luxurious restaurants in the Mediterranean.
She concluded that the marina will be the “new face of the TRNC“.