Update on Prosperity's Investment Proposal in Larnaca
March 5, 2025
The negative response from the Ministry of Transport to the Prosperity Group's proposal for a €1.2 billion investment in Larnaca was not surprising. The minister explained that the legal aspects of the proposal were inadequate and hence could not be accepted. The CEO of Prosperity expressed disappointment and they will consider how to proceed. The focus now shifts to the plans of the Greek Ports Planning Authority.