Special programs have been planned to attract Syrian and Lebanese investors to the Turkish Republic of Northern Cyprus.
Within this framework, the Minister of Economy and Energy Sunat Atun together with a delegation of businessmen has left for Damascus.
The delegation will attend the opening of a furniture fair in Damascus and visit the TRNC stand.
The TRNC delegation will come together with Syrian businessmen and officials from the Syrian chambers of commerce and industry at a reception to be hosted by the Turkey’s Commerce Consultant’s Office in Damascus.
The event will create an opportunity for TRNC businessmen to explain investment opportunities in the Republic to their Syrian counterparts.
Tomorrow, the delegation will move on to the Lebanese capital Beirut to attend a conference during which investment opportunities in the TRNC will be promoted.
NEW INITIATIVE TO ATTRACT FOREIGN INVESTORS
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NEW INITIATIVE TO ATTRACT FOREIGN INVESTORS
by halil » Tue Apr 27, 2010 11:12 am
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by halil » Wed Apr 28, 2010 6:39 pm
MINISTER ATUN IN SYRIA
The Minister of Economy and Energy Sunat Atun is in Damascus within the framework of the promotional campaign to encourage foreign investors to invest in the Turkish Republic of Northern Cyprus. Accompanied by a delegation of businessmen, the Minister visited the International Furniture Fair in Damascus and hosted a reception for businessmen from Syria and the TRNC.Delivering a speech at the reception, Minister Atun pointed to the big potential to improve bilateral economic and commercial relations between Syria and the TRNC, adding that the two countries could establish cooperation particularly in the tourism sector.
He said that the short distance between the TRNC and Syria is making it easier for the two countries to cooperate in various fields, particularly in the tourism sector.
A slide show providing detailed information about the TRNC economy and investment opportunities was also displayed at the reception.
Sunat Atun later attended a dinner given in his honor by the Turkish Ambassador to Damascus Ömer Önhon.
Syrian business figures were also present at the dinner.
The Minister of Economy and Energy Sunat Atun is in Damascus within the framework of the promotional campaign to encourage foreign investors to invest in the Turkish Republic of Northern Cyprus. Accompanied by a delegation of businessmen, the Minister visited the International Furniture Fair in Damascus and hosted a reception for businessmen from Syria and the TRNC.Delivering a speech at the reception, Minister Atun pointed to the big potential to improve bilateral economic and commercial relations between Syria and the TRNC, adding that the two countries could establish cooperation particularly in the tourism sector.
He said that the short distance between the TRNC and Syria is making it easier for the two countries to cooperate in various fields, particularly in the tourism sector.
A slide show providing detailed information about the TRNC economy and investment opportunities was also displayed at the reception.
Sunat Atun later attended a dinner given in his honor by the Turkish Ambassador to Damascus Ömer Önhon.
Syrian business figures were also present at the dinner.
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by Pyrpolizer » Wed Apr 28, 2010 6:55 pm
Hmmm I would prefer these investors 
CYPRUS - QATAR - AGREEMENTS
Cyprus and Qatar signed two agreements and four memoranda of understanding on Wednesday, covering sectors such as air services and the creation of a joint venture for a project opposite Hilton Hotel in Nicosia, including a five-star hotel, a shopping mall, offices and apartments.
The agreements and memoranda were signed at the Presidential Palace in Nicosia during official talks between delegations of Cyprus and Qatar, headed by President of the Republic of Cyprus Demetris Christofias and Emir of Qatar Sheikh Hamad Bin Khalifa Al Thani.
The Air Services Agreement between the government of the Republic of Cyprus and the government of the state of Qatar was signed by Minister of Communication and Works Erato Kozakou Markoullis and Minister of State for International Cooperation, Deputy Minister of Trade and Business Khallet Mohamed Al Attiya.
The second Agreement was signed between the Republic of Cyprus and Qatari Diar, for the formation of a joint venture, by Minister of Finance Charilaos Stavrakis and Qatari Diar Group`s Chief Executive Officer Mohmmed Bin Ali Hedfa.
Regarding the memoranda, the Memorandum of Understanding between the government of the Republic of Cyprus and the government of the state of Qatar on Labour Cooperation was signed by Minister of Labour and Social Insurance Soteroulla Charalambous and the Qatari Minister of State for International Cooperation.
The Memorandum of Understanding on cooperation in the fields of Standards and Conformance between the government of the Republic of Cyprus and the government of the state of Qatar was signed by Minister of Commerce, Industry and Tourism Antonis Paschalides and the Qatari Minister of State for International Cooperation.
Furthermore, the Memorandum of Understanding between the Cyprus Chamber of Commerce and Industry (CCCI) and the Qatar Chamber of Commerce and Industry, was signed by CCCI President Manthos Mavromatis and Ambassador of the State of Qatar in Cyprus Mubarak Al Nasser.
Lastly, the Memorandum of Understanding between the Cyprus Institute of Neurology and Genetics and the Supreme Council of Health of Qatar, on cooperation in the provision of services, research and education in the fields of neurology, genetics and biomedical science, was signed by President of the Board of Directors of the Cyprus Institute of Neurology and Genetics Chris Fylaktou and Ambassador of the State of Qatar in Cyprus Mubarak Al Nasser.
President Christofias and the Emir had a brief meeting at the Presidential Palace, followed by official talks with the participation of their respective delegations, and the signing of the agreements and memoranda.
In statements to the press, President Christofias said bilateral relations and ways to enhance them were discussed during the talks, and that the joint investment with Qatari Diar was of great importance, noting that it indicated the high level of relations and the rapid development of cooperation between the two countries.
President Christofias added that he briefed the Emir on the latest developments in the Cyprus problem and efforts to reach a settlement, and thanked him for his understanding.
``Qatar maintains close relations with Turkey and I have thus expressed the wish to the Emir of Qatar that these relations be utilised in order to convince Turkey that it would be to everyone`s benefit to reach a just, viable and functional solution of the Cyprus problem,`` he added.
President Christofias said they also discussed various international and regional issues, especially the Palestinian question.
He assured that the Republic of Cyprus would strive towards developing and expanding bilateral relations with Qatar.
The Emir of Qatar said bilateral relations were built on sound foundations and noted that he was pleased with the agreements signed, adding that his trip to Cyprus would promote relations between the two countries.
He expressed support to efforts for a Cyprus settlement, based on UN resolutions, to the benefit of both communities in Cyprus.
The Emir expressed certainty that Turkey was in favour of a Cyprus settlement and would contribute to a just, viable and functional solution.
He furthermore thanked President Christofias and the Republic of Cyprus for its steadfast support to Arab causes, especially the Palestinian question.
In remarks after the agreement with Qatari Diar was signed, Mohmmed Bin Ali Hedfa said the whole project would cost approximately 150 million EUR, and that the first phase of the five-star hotel would be completed within 30 months from the day it began.
Asked why Cyprus was chosen for the specific project, he pointed out that the economy of the island was good and had not been severely battered by the global financial crisis. ``We believe in Cyprus` economy,`` he concluded.
Cyprus, which joined the EU in 2004, has been divided since 1974, when Turkey invaded and occupied its northern third.
CYPRUS - QATAR - AGREEMENTS
Cyprus and Qatar signed two agreements and four memoranda of understanding on Wednesday, covering sectors such as air services and the creation of a joint venture for a project opposite Hilton Hotel in Nicosia, including a five-star hotel, a shopping mall, offices and apartments.
The agreements and memoranda were signed at the Presidential Palace in Nicosia during official talks between delegations of Cyprus and Qatar, headed by President of the Republic of Cyprus Demetris Christofias and Emir of Qatar Sheikh Hamad Bin Khalifa Al Thani.
The Air Services Agreement between the government of the Republic of Cyprus and the government of the state of Qatar was signed by Minister of Communication and Works Erato Kozakou Markoullis and Minister of State for International Cooperation, Deputy Minister of Trade and Business Khallet Mohamed Al Attiya.
The second Agreement was signed between the Republic of Cyprus and Qatari Diar, for the formation of a joint venture, by Minister of Finance Charilaos Stavrakis and Qatari Diar Group`s Chief Executive Officer Mohmmed Bin Ali Hedfa.
Regarding the memoranda, the Memorandum of Understanding between the government of the Republic of Cyprus and the government of the state of Qatar on Labour Cooperation was signed by Minister of Labour and Social Insurance Soteroulla Charalambous and the Qatari Minister of State for International Cooperation.
The Memorandum of Understanding on cooperation in the fields of Standards and Conformance between the government of the Republic of Cyprus and the government of the state of Qatar was signed by Minister of Commerce, Industry and Tourism Antonis Paschalides and the Qatari Minister of State for International Cooperation.
Furthermore, the Memorandum of Understanding between the Cyprus Chamber of Commerce and Industry (CCCI) and the Qatar Chamber of Commerce and Industry, was signed by CCCI President Manthos Mavromatis and Ambassador of the State of Qatar in Cyprus Mubarak Al Nasser.
Lastly, the Memorandum of Understanding between the Cyprus Institute of Neurology and Genetics and the Supreme Council of Health of Qatar, on cooperation in the provision of services, research and education in the fields of neurology, genetics and biomedical science, was signed by President of the Board of Directors of the Cyprus Institute of Neurology and Genetics Chris Fylaktou and Ambassador of the State of Qatar in Cyprus Mubarak Al Nasser.
President Christofias and the Emir had a brief meeting at the Presidential Palace, followed by official talks with the participation of their respective delegations, and the signing of the agreements and memoranda.
In statements to the press, President Christofias said bilateral relations and ways to enhance them were discussed during the talks, and that the joint investment with Qatari Diar was of great importance, noting that it indicated the high level of relations and the rapid development of cooperation between the two countries.
President Christofias added that he briefed the Emir on the latest developments in the Cyprus problem and efforts to reach a settlement, and thanked him for his understanding.
``Qatar maintains close relations with Turkey and I have thus expressed the wish to the Emir of Qatar that these relations be utilised in order to convince Turkey that it would be to everyone`s benefit to reach a just, viable and functional solution of the Cyprus problem,`` he added.
President Christofias said they also discussed various international and regional issues, especially the Palestinian question.
He assured that the Republic of Cyprus would strive towards developing and expanding bilateral relations with Qatar.
The Emir of Qatar said bilateral relations were built on sound foundations and noted that he was pleased with the agreements signed, adding that his trip to Cyprus would promote relations between the two countries.
He expressed support to efforts for a Cyprus settlement, based on UN resolutions, to the benefit of both communities in Cyprus.
The Emir expressed certainty that Turkey was in favour of a Cyprus settlement and would contribute to a just, viable and functional solution.
He furthermore thanked President Christofias and the Republic of Cyprus for its steadfast support to Arab causes, especially the Palestinian question.
In remarks after the agreement with Qatari Diar was signed, Mohmmed Bin Ali Hedfa said the whole project would cost approximately 150 million EUR, and that the first phase of the five-star hotel would be completed within 30 months from the day it began.
Asked why Cyprus was chosen for the specific project, he pointed out that the economy of the island was good and had not been severely battered by the global financial crisis. ``We believe in Cyprus` economy,`` he concluded.
Cyprus, which joined the EU in 2004, has been divided since 1974, when Turkey invaded and occupied its northern third.
Last edited by Pyrpolizer on Wed Apr 28, 2010 8:03 pm, edited 1 time in total.
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by MR-from-NG » Wed Apr 28, 2010 7:23 pm
Greece's economy was booming too, look at it now. The bubble may burst for you guys too, not that I wish it on you. Your economy suffers so does my shares. I lost a lot of money today because of Greece.
As for the TRNC, our so called economy is purely based on selling GC land and property. We have no right to sell these poor peoples property and I condemn all those that deal in it.
As for the TRNC, our so called economy is purely based on selling GC land and property. We have no right to sell these poor peoples property and I condemn all those that deal in it.
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by B25 » Wed Apr 28, 2010 7:59 pm
Pyro, just a point of correction, the figure of €450m seems quite high as I read it was more like €113m.
on 55,000m2 of land it would be hard to justify such a spend.
Anyway, if they or anyone else wants to spend this level of money in Nicosia I can help.
Any takers????
on 55,000m2 of land it would be hard to justify such a spend.
Anyway, if they or anyone else wants to spend this level of money in Nicosia I can help.
Any takers????
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by Pyrpolizer » Wed Apr 28, 2010 8:00 pm
Hi Mr-from-ng long time to see you around.
Let's face it my friend Greece's economy was never ok.
That's why we abandoned Enosis
Anyway here is Cyprus not Greece. We are better off here.But you are right our economy suffers i hope we won't flank like Greece.
As for our TC brothers in the north, matters are also difficult, i hope some miracle happens and we find a solution. that will be the only way for everyone in Cyprus to prosper, without unnecessary spendings on military etc
Let's face it my friend Greece's economy was never ok.
That's why we abandoned Enosis
Anyway here is Cyprus not Greece. We are better off here.But you are right our economy suffers i hope we won't flank like Greece.
As for our TC brothers in the north, matters are also difficult, i hope some miracle happens and we find a solution. that will be the only way for everyone in Cyprus to prosper, without unnecessary spendings on military etc
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by Pyrpolizer » Wed Apr 28, 2010 8:05 pm
B25 wrote:Pyro, just a point of correction, the figure of €450m seems quite high as I read it was more like €113m.
on 55,000m2 of land it would be hard to justify such a spend.
Anyway, if they or anyone else wants to spend this level of money in Nicosia I can help.
Any takers????
You are right, I just corrected it, i tried to make the fonts 24 size and changed me the first number!
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by YFred » Wed Apr 28, 2010 8:25 pm
MR-from-NG wrote:Greece's economy was booming too, look at it now. The bubble may burst for you guys too, not that I wish it on you. Your economy suffers so does my shares. I lost a lot of money today because of Greece.
As for the TRNC, our so called economy is purely based on selling GC land and property. We have no right to sell these poor peoples property and I condemn all those that deal in it.
Cyprus economy is strong because of Tourism. Disrupt their Tourism for one season and they'll go bankrupt.
Terkey has plans for all eventualities. Anyone for Terkish coffee?
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by EricSeans » Wed Apr 28, 2010 10:13 pm
MR-from-NG wrote:Greece's economy was booming too, look at it now. The bubble may burst for you guys too, not that I wish it on you. Your economy suffers so does my shares. I lost a lot of money today because of Greece.
As for the TRNC, our so called economy is purely based on selling GC land and property. We have no right to sell these poor peoples property and I condemn all those that deal in it.
Just wondering are you TC, Brit or what?
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