"French president Nicolas Sarkozy has been invited to inaugurate the 656-million-euro new terminal building at Larnaca airport on November 7, built by French construction giant Bouyges.
Nicos Shacolas, chairman of the operator Hermes Airports, said that Cyprus president Demetris Christofias invited his French counterpart to attend the ceremony, but that it all depended on Sarkozy’s busy schedule. “If Mr. Sarkozy decides to visit Cyprus, we will welcome him and with great honour and enthusiasm”, Shacolas added.
Shacolas added that the construction of both Larnaca and Paphos airports, the biggest public projects in Cyprus, were delivered ahead of time, with the Larnaca terminal completed in just three years and 39 days, instead of three years and six months, as part of the 25-year build-operate-transfer (BOT) concession.
Currently there are more installations under construction, he said, including transit cargo, additional parking areas, four new gas stations and more, with an extra cost of 52,9 mln euros.
There is also a provision and a commitment in the agreement with the government that if the passenger traffic increases, then both Cyprus’ airports can be expanded for Larnaca to increase its capacity from 7.5 mln to 9 mln passengers and for Paphos to serve 2.7 mln, up from the present 1.8 mln. These developments, he added, will raise the cost of both projects to 804,5 mln euros.
Shacolas added that “we have already submitted to the government specific plans and designs for the creation of a modern five storey airport hotel, including restaurants and conference areas, as well as a leisure centre, all totalling 200 mln euros.”
Shacolas said he believed the government’s response will be positive and construction of the new hotel will begin three months upon approval."
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