Company History

The establishment of Larnaca District Development Agency (ANETEL) was an initiative from the Union of Communities of Larnaca. After years of involvement in European affairs and European programs, the Board of Director of the Union of Communities of Larnaca, with the strong support of the Municipalities of Larnaca and others institutions, felt that it was necessary to establish a flexible mechanism. Through this mechanism, it would become possible the involvement of local authorities of Larnaca District into the procedures that pertaining the development in the European Union and particularly in absorbing European funds for realizing the vision of each community and municipality of the area.

The name given to this mechanism is “Larnaca District Development Agency - ANETEL".
The Larnaca District Development Agency was established according to the standards of development structures and mechanisms operating in the European Union and is activities are focused mainly in Larnaca District. ANETEL is governed by the Law of Companies. Chapter 113 and is considered as a Limited Liability Company and is registered with the Registrar of Companies, with the registration number 142855 UN. It is a non-profit organization and has been accredited as a public equivalent government body.

ANETEL was founded on the 16 October 2003 and its stakeholders are the Municipalities of Larnaka Aradippou Athienou, Dromolaxia, Livadia, Lefkara, Agia Napa and Paralimni, the 42 of the 45 Community Councils of Larnaka and the Community Council of Liopetri of Famagusta District, the E. V.E.L. Larnaca, the Larnaca Rural Women's Association, the SPE Rural Development, the SPE Vasililou-Pentashinos and the Cyprus Association of Professional Fishermen.

On the 31/08/2006 ANETEL was honored by the Ministry of Commerce, Industry and Tourism with the first Entrepreneurship Award and represented Cyprus in the contest of ‘European Enterprise Awards' of the European Union. In competition with 400 other participants, Larnaca District Development Agency evaluated and ranked second in its class.

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