Larnaca municipality has hailed the interest of two top medical schools – from the UK and Lebanon – in establishing a medical university there, but the district warned that it needs land to host the facilities.

Larnaca mayor Andreas Vyras on Wednesday sent a letter to the finance ministry requesting that state land be made available at a reasonable price.

He explained that state land could be leased, with the right of sublease, at a low annual rate which would make the project possible and viable.

He said that the city stands to benefit greatly with an overall boon for Cyprus, promising positive impacts for government agencies, local businesses and other academic institutions.

Vyras singled out the area where the Cyprus Petroleum Storage Company is located, adding that the “building is in a very good condition and is well maintained.

“The building can be quickly adjusted to meet the needs of a university school in Larnaca,” he said, adding that similar procedures had taken place in both Ayia Napa and Paphos.

The mayor pressed that the university would both economically and socially reinvigorate the region.