CYPRUS MIRROR
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Mağusa, İskele ve Yeniboğaziçi Development Plan was signed by Prime Minister Faiz Sucuoğlu

Mağusa, İskele ve Yeniboğaziçi Development Plan was signed by Prime Minister Faiz Sucuoğlu

Mağusa, İskele ve Yeniboğaziçi Development Plan was signed by Prime Minister Faiz Sucuoğlu. The sluggish economy is now preparing to throw off its crutches.

Publish Date: 26/11/21 07:48
reading time: 2 min.
Mağusa, İskele ve Yeniboğaziçi Development Plan was signed by Prime Minister Faiz Sucuoğlu
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With the signing of the Mağusa, İskele ve Yeniboğaziçi Development Plan by Prime Minister Faiz Sucuoğlu, a sigh of relief was felt in the region.

The people of the region, who are in an economic deadlock in the face of the investments in the region due to the uncertainty in the plan, are waiting for the Mağusa, İskele ve Yeniboğaziçi Development Plan to be published in the Official Gazette and become legal as soon as possible.

IT WILL BE THE LIFE WATER FOR THE ECONOMY

With the Mağusa, İskele ve Yeniboğaziçi Development Plan published and legalized in the Official Gazette, the orders that have been in effect for 28 months in the region will be abolished, the flow of hot money to the region will begin, and the economy will revive. Unplanned construction will leave its place to planned construction, and investments will be the lifeblood of tradesmen in all regions.

150-200 MILLION TL CONTRIBUTION TO MUNICIPALITIES

With the entry into force of the Mağusa, İskele ve Yeniboğaziçi Development Plan, 150-200 million TL will be provided to the municipalities within a 1-year period due to the fees.

In addition, the infrastructure will be completed with the money invested in the funds by the construction sector by creating a fund so that the infrastructure will not be a burden on the municipalities and the municipalities will be built with their own resources.

2 BILLION DOLLARS INVESTMENT

There is an investment of approximately 2 billion dollars waiting for investment in the region and this money is expected to be circulated in 70 sub-sectors within 2 years.

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