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Limassol Marina - On Board - Issue 1

Page 60

Living

Back to its roots

With the fruition of Limassol Marina, J&P continues to excel with solid roots in Cyprus. The company’s reputation and quality standards, coupled with the gravitas of a company like Cybarco, have contributed to the successful progress of Limassol Marina. Hadjijoseph explains, “We moved into a derelict part of the Limassol coastline and revived it. We have also been the catalyst for many other improvement works in the area. Our cooperation has played a key role in securing people’s trust despite the current difficulties for Cyprus and the economy.” With ongoing support from the local community and local buyers, it is clear that their presence is integral to the development’s perseverance. “We planned and executed every part of the development with the utmost respect for the local community. It is always very important to ensure you have their full support. I believe we have managed to secure that throughout the four years of construction. Customers have also given us their stamp of approval by buying property or berthing at Limassol Marina. This is, in itself, a reflection of the companies’ solid reputation. We are very fortunate to be involved in a project people believe in and are looking forward to enjoying it for years to come,” commented Hadjijoseph.

J&P’s construction projects include everything from general infrastructure to airports and from tourist complexes to oil and gas facilities.

international financial institutions, the company has enjoyed fruitful cooperation through numerous international joint ventures with renowned international firms from Greece, the Balkans, the Middle East, the Black/Caspian Sea region and the Mediterranean region. “J&P-Avax S.A. and J&P Ltd provided staff for the development of the entire infrastructure, the residential and commercial areas. Our joint history of managing multiple elements within a project of this magnitude was deemed invaluable, which is why we are very happy to be on board,” added Hadjijoseph. One of the largest construction Groups in Greece, J&P-Avax’s strong presence and wide range of activities, technical know-how and long lasting experience have earned it international recognition. A serious and accountable partner in cooperations with international institutions and the largest construction companies internationally, it is continually expanding with a string of newly selected activities including the management of co-financed projects, environmental activities and strategic participations with other companies. It is also involved in a wide spectrum of projects across construction, civil engineering, building, hydraulic, port and road works, electromechanical, energy and industrial, pipeline and natural gas networks geographically dispersed in Greece, the Balkan region and the rest of Europe, the Middle East and North Africa.

Lasting legacy

Limassol Marina is a groundbreaking infrastructure project for Cyprus and one that is, undoubtedly, making history in terms of its development, design and unique, integrated concept. With growing interest from around the world, the response to its eventual fruition and the subsequent sales results to date have been unprecedented. It has raised the bar by reflecting the quality and standards local companies are able to deliver, particularly during the economic difficulties Cyprus has had to endure this past year. “It has been remarkable for the island’s image, and we are incredibly proud to have been involved,” added Hadjijoseph. “The mere challenge of its complexity was an exciting prospect for us as a group of companies. We have worked on projects of this scale for many years in Greece, the Middle East and around the world. This was an ideal opportunity to bring our expertise to home ground.” With continued devotion to the company’s motto “Economy, Quality, Speed”, J&P has ensured that the cornerstones originally set by its founders Stelios Joannou and George E. Paraskevaides will forever remain on the beautiful island of Cyprus in the form of an outstanding coastal project, Limassol Marina.


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