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Consortium of two companies cakes over the construction of Limassol Blu Marina

The Leptos Group announced the award of the construction works of the first phase of the residential works of the Limassol Blu Marine Development in Limassol, to a consortium between Iacovou Brothers (Constructions) Ltd and Zemco Construction Ltd.

Construction works of the Limassol Blu Marine Development have already started with the office tower, located on Franklin Roosevelt Avenue, which is currently under construction. In regards to the residential development, of which the first phase is a part of, construction works commenced last year.

The execution of the project is expected to significantly benefit the Cypriot economy through the creation of hundreds of new job positions in both construction as well as trade and the services sectors. The overall investment will be covered by the income derived from the sale of the exclusive sea view apartment residences, which already ensures the completion of the project’s construction.

Original Source: Philenews.com

Adaptation/Summary: Kiki Athanasiadis