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==Economy== [[File:Columbia Plaza 1.jpg|thumb|Columbia Plaza in the Old City centre|267x267px]] [[File:Fasouri Watermania Water Park Limassol.jpg|thumb|[[Fasouri Watermania]], Cyprus' biggest waterpark|200x200px]] [[Tourism]] in Limassol began to flourish after 1974, following the occupation of [[Famagusta]] and [[Kyrenia]], the principal tourist resorts of Cyprus, during the [[Turkish invasion of Cyprus|1974 Turkish invasion of Cyprus]]. Limassol has many beaches, suitable for sunbathing and swimming. A bathing beach with all the necessary facilities, provided by the [[Tourism in Cyprus#The Cyprus Tourism Organisation (CTO)|Cyprus Tourism Organisation]], operates in the Dasoudi area. In 1974, the [[Port of Limassol]] became the Republic of Cyprus’s main [[port|seaport]].<ref name=":0">{{Cite web |title=History |url=https://www.hba.com.cy/en/page/history |access-date=2024-03-12 |website=Hull Blyth Araouzos |language=en}}</ref> Prior to that, the role had been filled by the port of [[Famagusta]], now located in the ''[[de facto]]'' state of [[Northern Cyprus]], which is not recognised as a legal port by any country except [[Turkey]]. Limassol is home to many of Cyprus’s [[wine]] companies, which cater to the wine-growing regions on the southern slopes of the [[Troodos Mountains]], including [[Commandaria]]. Notable companies such as [[KEO (beer)|KEO]], LOEL, SODAP, and ETKO produce award-winning wines and [[Brandy|brandies]] ([[cognac]]s) in international exhibitions.<ref>{{Cite web |last=wncy |date=2012-04-29 |title=Cyprus Wine Awards distinguishes it's wines with Gold |url=https://winecyprus-naturally.com/cyprus-wines/awards/cyprus-wine-awards-distinguishes-its-wines-with-gold/ |access-date=2024-03-12 |website=Wine Cyprus Naturally |language=en-US}}</ref><ref>{{Cite web |title="Gastronomos Quality Awards-Cyprus" for the year 2021 |url=https://vlassideswinery.com/2022/06/20/gastronomos-quality-awards-cyprus-for-the-year-2021/ |access-date=2024-03-12 |website=Vlassides Winery |language=en-US}}</ref><ref>{{Cite web |date=2024-03-12 |title=Cyprus wines shine bright at major World Wine Awards |url=https://in-cyprus.philenews.com/local/cyprus-wines-shine-bright-at-major-world-wine-awards/ |access-date=2024-03-12 |website=in-cyprus.philenews.com |language=en-US}}</ref><ref>{{Cite web |title=Awards |url=https://vlassideswinery.com/awards/ |access-date=2024-03-12 |website=Vlassides Winery |language=en-US}}</ref> These products are highly consumed by both locals and tourists, with significant quantities exported to Europe. Limassol is the largest industrial centre in the district, hosting around 350 [[industrial park|industrial units]] with 90 industry wares. These industries include dressmaking, furniture, footwear, beverages, food, printing, metalwork, electrical devices, plastics, and more.[[File:Anexartisias_Street_02.jpg|thumb|[[Anexartisias Street]]|left]]Limassol is a key trade centre in Cyprus, partially due to the presence of the [[Akrotiri and Dhekelia|UK sovereign base]] at [[Episkopi, Limassol|Episkopi]] and [[Akrotiri and Dhekelia|Akrotiri]], and the population displacement following the Turkish invasion in 1974. The main trade markets are located in the town centre and the coastal tourist area, stretching from the Old Port to the Amathus area. This area is home to most of the [[hotel]]s, [[restaurant]]s, [[Confectionery|confectioneries]], [[Nightclub|discos]], and entertainment venues. Major global retail shops can be found on [[Anexartisias Street]] and [[Makariou Avenue, Limassol|Makariou Avenue]], the city’s primary shopping streets,<ref>{{Cite web |title=Anexartisias: The main shopping street of the city |url=https://www.limassolchamber.eu/En/31/articles/349/2017/03/10/Anexartisias--The-main-shopping-street-of-the-city |access-date=2024-03-09 |website=www.limassolchamber.eu |language=en}}</ref> as well as at [[My Mall Limassol|MYMALL]], the largest mall in the district. Limassol has two ports, commonly known as the [[Port of Limassol#Limassol Old Port-Limassol Marina|Old Port]] (Limassol Marina) and the [[Port of Limassol|New Port]] (Port of Limassol). The New Port handles the majority of commercial and passenger traffic and is one of the busiest ports in the Mediterranean transit trade and is the largest port in the Republic of Cyprus.<ref name=":0" /> With a depth of {{convert|11|m|ft|abbr=off}} and breakwaters extending {{convert|1,300|m|ft|abbr=off}}, can receive about ten ships, depending on their size. The Old Port, with a {{convert|250|m|ft|abbr=off}} breakwater, can accommodate only three small ships at a time and is primarily used by fishing boats. These ports facilitate the export of grapes, wines, carobs, and [[citrus|citrus fruits]], as well as the import of [[cereal]]s, [[vehicle]]s, machinery, textiles, agricultural medicines, [[fertilizer|fertiliser]]s, and iron.[[File:Limassol Marina 03.jpg|thumb|Yachts at the [[Port of Limassol#Limassol Old Port-Limassol Marina|Limassol Marina]]|left|200x200px]]The [[Port of Limassol#Limassol Old Port-Limassol Marina|Limassol Marina]], built in 2014, is located {{convert|500|m|ft|abbr=off}} west of the Limassol Castle, on the Old Port. This new development allows berthing of ocean-going yachts, having hosted its first yachts in 2013.<ref>{{cite web|title=Limassol Marina open to the public|url=http://cyprus-mail.com/2014/06/10/limassol-marina-open-to-the-public/|newspaper=Cyprus Mail|access-date=8 May 2016|archive-date=25 December 2022|archive-url=https://web.archive.org/web/20221225140352/https://cyprus-mail.com/2014/06/10/limassol-marina-open-to-the-public/|url-status=dead}}</ref> The marina has a capacity of 1,000 vessels. Since 2014,<ref>{{Cite web |last=admin |date=2024-01-19 |title=Construction boom driven by demand for apartments {{!}} Cyprus News |url=https://estateofcyprus.com/construction-boom-driven-by-demand-for-apartments/ |access-date=2024-03-12 |website=Estate of Cyprus |language=ru}}</ref> Limassol has experienced a construction boom driven by the tourism sector and increasing foreign investments. Public projects, such as the redesign of the {{convert|1|km|mi|spell=in|adj=mid|abbr=off}} [[Limassol Molos]] promenade, have enhanced the quality of life and the city’s image as a cosmopolitan destination. Infrastructure improvements, partly funded by European programs, have addressed traffic issues with new highway flyovers and roundabouts. {{Multiple image | direction = vertical | image1 = View From Pier 2.JPG | caption1 = Columbia Pier at Akti Olympion, 2012 | image2 = Skyscrapers in Limassol.jpg | caption2 = The same location in 2024 | perrow = 2 }} Limassol has become a major centre for [[tourism]], [[trade]], and services. The city offers numerous [[museum]]s and [[archaeological site]]s for visitors. It attracts a diverse range of tourists, especially during the extended summer season, accommodated within a wide variety of hotels and apartments available. [[File:City of Dreams Mediterranean Resort.jpg|left|thumb|[[City of Dreams Mediterranean]], Europe's first and largest [[Casino hotel|integrated resort]]. ]] The Limassol coastline, known as “The Limassol Riviera”, is undergoing a significant construction boom that began in late 2013 with new legislation encouraging development; becoming Europe's newest riviera.<ref>{{Cite web |date=2024-01-08 |title=Cyprus' Limassol ascends as Europe's new riviera |url=https://gulfnews.com/business/cyprus-limassol-ascends-as-europes-new-riviera-1.1704711187727 |access-date=2024-10-04 |website=gulfnews.com |language=en}}</ref><ref>{{Cite web |last=office |first=blumarine |date=2022-05-03 |title=Limassol is shaping up to become Europe's new Riviera |url=https://limassolblumarine.com/news/limassol-is-shaping-up-to-become-europes-new-riviera-3/ |access-date=2024-10-04 |website=Limassol Blu Marine |language=en-US}}</ref><ref>{{Cite web |title=Zawya: Cyprus' Limassol ascends as Europe's new riviera, offering GCC investors among the highest returns in Europe {{!}} Leptos Estates |url=https://www.leptosestates.com/press-coverage/zawya-cyprus-limassol-ascends-as-europes-new-riviera-offering-gcc-investors-among-the-highest-returns-in-europe/ |access-date=2024-10-04 |website=www.leptosestates.com |language=en-US}}</ref> Since then, hundreds of new housing units and mushrooming businesses are introduced to the community annually.<ref>{{Cite web |date=2017-07-25 |title=Limassol Upcoming Skyline Fears {{!}} Cyprus Property Valuers |work=Cyprus Property Valuers |url=https://imvaluers.com/limassol-upcoming-skyline-fears/ |access-date=2023-04-23 |language=en-US}}</ref> {{As of|2024|alt=Currently}}, over 70 buildings taller than 50m are proposed or under construction, including 32 [[skyscraper]]s. Among these is “[[One Limassol|ONE]]", Cyprus’s [[List of tallest buildings in Cyprus|tallest tower]] and Europe’s tallest seafront residential building.<ref>{{Cite web |title=Pafilia launches ONE, the tallest residential seafront tower in Europe. |url=https://www.blueorangeservices.com/news/one-residential-tower |access-date=2024-03-07 |website=www.blueorangeservices.com}}</ref><ref>{{Cite web |title=ONE - The Skyscraper Center |url=https://www.skyscrapercenter.com/building/one/27905 |access-date=2024-03-07 |website=www.skyscrapercenter.com}}</ref><ref>{{Cite web |title=Europe's Tallest Seafront Tower in Limassol Riviera |url=https://www.astons.com/property/cyprus/europes-tallest-seafront-tower-in-limassol-riviera/ |access-date=2024-10-04 |website=Astons |language=en-GB}}</ref> Another notable project is the “[[City of Dreams Mediterranean|City of Dreams Mediterranean (CoDM)]]”, the first and largest [[Casino hotel|integrated resort]] in Europe.<ref>{{Cite web |last=Solutions |first=BDigital Web |title=Europe's first multi-themed resort opens in Limassol |url=https://knews.kathimerini.com.cy/en/news/europe-s-first-multi-themed-resort-opens-in-limassol |access-date=2024-03-12 |website=knews.com.cy}}</ref><ref>{{Cite web |title=City of Dreams Mediterranean officially opens |url=https://agbrief.com/news/europe/12/07/2023/city-of-dreams-mediterranean-officially-opens/ |access-date=2024-03-12 |website=AGB Asia Gaming Brief|date=12 July 2023 }}</ref> In 2023, CoDM received the [[Seven Stars Luxury Hospitality and Lifestyle Awards|Seven Stars Luxury Hospitality and Lifestyle Award]] for “Best New Luxury Casino Resort in the World".<ref>{{Cite web |date=2024-03-07 |title=City of Dreams Mediterranean named 'Best New Luxury Casino Resort' |url=https://in-cyprus.philenews.com/insider/city-of-dreams-mediterranean-named-best-new-luxury-casino-resort/ |access-date=2024-03-07 |website=in-cyprus.philenews.com |language=en-US}}</ref> {{wide image|Night panorama of tourist area of Limassol, Cyprus.jpg|1000px|Tourist area of Limassol with Hotels and Resorts|100%|dir=ltr}}
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