"This is great news and is a further major infrastructure project for the Larnaca and Famagusta districts. Combined with the recent announcement concerning the construction of golf courses in the area, the medium to long-term outlook for property prices and rentals is sound. This complex is only a 20 minute drive from The Grove Spa Resort, Mazotos." Dominic Farrell
"Russian investors have announced their intention to construct the world’s largest children's entertainment facility in the mixed village of Pyla.
The new Disneyland-type project is expected to cost €800million and be the biggest entertainment complex in Cyprus.
It is also estimated that it would create up to three thousand jobs.
According to Politis, the Russian government is in favour of the building of the facility in the buffer zone so that it would play a supporting role among the two communities."
Few other details about the project are available. - Copyright © Famagusta Gazette 2009
