Presentation of the COM LARNACA-CYPRUS LARNACA DISTRICT DEVELOPMENT AGENCY PANAYIOTIS MOUNTOUKOS ELEFTHERIOS LOIZOU Malta 23 March 2010

THE DISTRICT OF LARNACA

4 Municipalities (3 eligible) 48 Communities (all eligible) Area covered: 1.021,08 km 2 Population: inhabitants (50% men - 50% women) Density: 67,18 inhabitants/km 2 THE DISTRICT OF LARNACA

RURAL AREAS Rural areas Cyprus Employment per sector Primary sector 35% 8,1 % Secondary sector 24%20,8% Tertiary sector 41%71,1% MAIN DEVELOPMENT PROBLEMS:  General decline  Under-populated with strong trends of urbanism  Strong trends of ageing of the population  Low standard of education  Weaknesses and inadequacies of the road network  Absence of connection between Primary & Tertiary Sectors (manufacturing of products)

Manufacturing Constructions Wholesale and Retail Trade Restaurants and Hotels Information Technology Media Production Communication OPPORTUNITIES FOR DEVELOPMENT Education and Training Tourism Renewable Energy Production Financial Intermediation Research e-commerce OR Combinations of the Above

GENERAL FEEDBACK FROM ADAPTATION AND EXPERIMENTATION ACTIVITIES OF THE COM  Need for coordination and guidance for establishing a new enterprise or business (elaboration of business plan)  Need for innovative activities  Most interest expressed for education & training, research and information technology sectors  Local Authorities offered their cooperation and assistance  Questions on the procedure of application & approval

MOST COMMON QUESTION An issue rising from the economic crisis: Regarding the Selection of Enterprises (criteria): «Is it possible for newly established enterprises (established during the year 2009 or first four months of 2010) to be selected for funding, assistance, guidance and support and, therefore, benefit from the implementation of the project ‘Philoxenia’?»

COMMON OPERATION MECHANISM LARNACA Procedures same as Lead Partner and rest partners. THANK YOU FOR YOUR ATTENTION!