Establishment of Marine Sciences School in Larnaca Seen as Strategic Opportunity
October 14, 2024
Larnaca is awaiting approval for the establishment of a School of Marine Sciences, Technology, and Sustainable Development at the Cyprus Technological University. A feasibility study indicates that the project is financially viable, generating annual revenues of €3.5-€4 million starting in 2027. The school's operation is expected to boost the local economy and provide new job opportunities, particularly benefiting the Mackenzie area. This will position Larnaca as an educational and research center in marine sciences.