pumpernickle wrote:Birkibrisli wrote:He has asked Condii when he was in Washington, to send all the American troops in the area to North Cyprus for a bit of R&R by direct flights.He is busy getting ready by building hotels,casinos,and brothels at a rate never seen in the world.Do you know how many American soldiers are there in places like Turkey,Iraq,Saudi Arabia?Hundreds of thousands my friend.You just wait when all that falls into place,the North will outgrow the South in less time in takes for you to pick your big nose...
*Pumpernickle's old lady's opinion*Err . . . and the US could not send troops over to Northern Cyprus for R&R unless there was a settlement of the Cyprus problem and the US decided to formally recognise TRNC. Otherwise, the US would end up in somewhat of a diplomatic tightspot. With Iraq, they tried to bend UN resolutions (in doing do, recognised their strategic importance). If they committed federal Pentagon money to an unrecognised state, not only would they outrightly contravene UN resolutions on TRNC and the invasion, but the Greek block in the US would go ballastic.
Besides, if I were TC, the last thing I would want was hundreds of American soldiers hanging around . . . and honestly, I don't think it would make the North boom either. For that you need a multiplicity of foreign and domestic investment - "a one source horse dies when its trough runs dry".
[05] HURRIYET gives details about Turkish investments in the occupied by 40,000 Turkish troops part of the Republic of Cyprus. British investments are taken as indirect recognition
Istanbul HURRIYET newspaper (06.08.05) publishes the following report by Demet Cengiz under the title: "Boom in Tourism Investment in daughter country":
An upsurge in tourism investments is being seen in the TRNC. With the completion of 66 hotels still being built the bed capacity in the TRNC will rise from 8,000 to 19,500. While investment has been attracted to Bafra, which has been declared a tourism investment area, there are other locations where holiday resorts are being constructed rapidly such as Girne, Magusa and Iskele. With new investment in the TRNC bed capacity is expected to rise to 30,000 in five years, and to 70,000 in 30 years.
Subtitle: Bafra to get $250 million
The Director for the TRNC Tourism Ministry Salih Egemen gave out the following information in connection with the upsurge in tourism investment in the TRNC: "Bafra was declared a planned tourism investment area. Sites were set aside in the area for 11 hotels. One was allocated as a State reserve. Lease agreements have been made for nine hotels. Preliminary work has been done for the Eren Talu Project. With these investments in Bafra, which total around $250 million, the area will achieve an 8,000-bed capacity in two years."
Stating that they were going to make plans for Yayla, Egemen said: "In the wake of the intense interest seen in Vokolidha we planned to make this place a tourism investment area as well. We are going to open Kumkyali up to investment."
In a once only offer the TKB's [Turkish Development Bank] provision of credit for tourism investment in Cyprus has accelerated investment in Vokolidha. At the end of 2002 22 companies applied for credit. The TKB gave YTL 105 million to eight companies.
Subtitle: Spearhead Port Barbaros
Cyprus-born businesswoman Sidika Atalay, who transferred the $100 million Port Barbaros Project, one of the TRNC's biggest tourism investment schemes, over to the British LTG Company, said: "This project, which we started in 1999, spearheaded tourism investment in northern Cyprus. This is a project that will set an example for the entire Mediterranean. We transferred the project over to the British LTG Company in March. It is now the largest foreign investment to be made there. This investment also means that the TRNC is recognized, albeit unofficially."
Subtitle: Threat from South causing worries
Sidika Atalay has this to say about the threat from the south and France's attitude: "Foreigners are buying property on Cyprus. These kinds of remarks cause some concern but it passes and purchases continue. Direct flights are what is going to have the greatest effect on TRNC tourism. These kinds of statements strengthen the likelihood of there being no direct flights to the TRNC. Even though foreign investment research is continuing any investment about to begin is put off indefinitely because of such remarks. Direct flights from Azerbaijan caused excitement on the island."
Subtitle. Tourism In TRNC may catch up with Southern Cyprus in 10-15 years
The Chairman of the Association of Tourism Investors Oktay Varlier pointed out there was a good potential for tourism in northern Cyprus saying: "Cyprus is virgin land. It could become a very important tourism destination. Various locations have been identified in Bafra. Significant investment is being done there." Recalling that southern Cyprus had a 110,000 bed capacity and hosted 3 million tourists every year Varlier said: "The tourism bed capacity in northern Cyprus is approximately 8-12,000. We get around 400,000 tourists. A large number of those are Turks who go there for the casinos. The TRNC has about one tenth the bed capacity of southern Cyprus. As for the number of tourists; the south gets seven-eight times more than the north. Within five years the bed capacity in the TRNC will reach 25-30,000. In the long term it will be 70,000 in 30 years."
Subtitle: Important potential even with embargo In place
CEO of GOCTUR, which has begun a 1,050-bed capacity investment in Bafra at the cost of $35 million, Mustafa Gocen detailed investment in the TRNC: "This investment will take place in two stages. The first stage of 700 beds will be concluded at a cost of $28 million. With the second phase the entire project will cost $35 million. We began the project in September 2004 with credit from the TKB. Bank credit accounts for 60 percent of the investment, with the remainder coming out of our own pocket. Expectations for Cyprus have attracted major tourism companies there. However, there is nowhere for tourists to stay in the TRNC. We saw a great potential and we rolled up our sleeves for investment. Tourists fly directly from Turkey and indirectly from Europe to Cyprus. The TRNC's potential is great even with the economic embargo in place