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Paphos - Coral Bay Marina - Update

It has been reported that a legal battle has erupted over the tendering process for the new Paphos marina at Potima Bay area of Kissonerga (known popularly as Coral Bay Marina)that may result in its construction being put on hold.
The Pandora Group (Leptos) was awarded the contract last June following a hotly contested bidding process with Aristo and Pafilia. But Aristo, the runner-up in the contest, objected to the award alleging irregularities in the submission of documents required for the tendering process.
Aristo`s objection was upheld and a committee was set up to examine the situation. Subsequently Pandora`s contract was annulled and the contract to build the marina was awarded to Aristo.
Now Pandora has decided to take the matter to the Supreme Court on several legal grounds. The Group claims it was not consulted during the revision procedures where their initial tender was re-examined. They also believe that the government will lose €2 million a year in rent if the marina contract is awarded to Aristo.
Many people are now wondering if the Marina will ever be built considering the current economic climate.. watch this space for our next update.