8 EURO-NEWS


Paphos Marina secures funding O


n 9 November, it was announced that the consortium awarded the contract for the


construction of Paphos Marina located in an area of 155,000 sq m in Potima Bay at Kissonerga in Cyprus has secured a letter from the Bank of Cyprus in which it guarantees to fund the entire project. Andreas Demetriades,


President of the Paphos Chamber of Commerce and Industry


(PCCI), has said that, according to information received, the Poseidon Grand Marina of Paphos


consortium has secured a letter from the Bank of Cyprus in which it guarantees to fund the entire


Anglo-French agreement to boost leisure


An agreement has been made between the UK’s South-West and Northern French marine businesses in a bid to boost tourism amid the uncertainties surrounding Brexit. British Marine South-West


(BMSW), which represents 200 marine members in the region, and the Association des Ports de Plaisance de Bretagne (APPB), which represents 70 marinas and ports in Northern France, signed the Memorandum of Understanding at the London Boat Show on 12 January. The initiative encourages the sharing of relevant information, maritime culture and maritime tourism between the two areas at a time of significant change. Jonathan Fielding, Chairman


of BMSW, said: “This agreement enables both regions to work closely on minimising the negative aspects of Brexit. Together, we can encourage boat-owners to travel between the UK’s South- West region, Northern France and the Channel Islands regardless of the final outcome of Brexit. This new relationship will powerfully promote what we know to be the finest cruising ground in Northern Europe”. The project aims to develop a common framework for the


project. Demetriades confirmed that with this letter, the consortium has resolved the problems that it faced in its bid to secure financial guarantees. The project will take


approximately three years to be completed and when finally built, it will have a capacity of 1,000 berths. The President of the PCCI added


that the construction of the marina will create multiple beneficial effects for the local economy.


Changes at Marinetek Board


Left to right: Howard Pridding (CEO of British Marine), Brieuc Morin and Jonathan Fielding at the London Boat Show.


sustainable growth of the nautical sector in the two regions before and after Brexit. It will also enable British and French marina members to work together, to sharing best practices and encouraging growth and future investment. Brieuc Morin, General Secretary of the APPB, agreed: “Our new relationship will enable us to further promote tourism in both regions. We are committed to making Channel crossings as easy as possible by initiatives such as sharing more information


MARINA EURO-REPORT • DECEMBER 2016


about marinas and hope to see a significant increase in numbers of boats travelling for leisure between Northern France and the UK’s South-West”. The project has already


started with a research survey of boat owners’ requirements being conducted by students from Université de Bretagne Sud in both the UK and France. The results of this survey will assist in the formation of further specific objectives and form the basis of data for grant funding.


Jari-Jukka Hämäläinen, who holds an MSc (Civil Engineering) from the Helsinki Technical High School and an MBA from the University of Wales, has been appointed as the new acting CEO for the Marinetek Group from 3 January, 2017. He follows Jukka Saarikko, who resigned last Spring. Ilkka Seppälä acted as temporary CEO during the interim period. Prior to joining Marinetek,


Hämäläinen worked for 20 years in top management positions in the construction and contracting industries. He also has extensive and comprehensive experience in domestic and international construction project management. On 15 December, the


Marinetek Board of Directors was also strengthened with the appointment of Matti Jaakola as its new Chairman.


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