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05-03-2019 11:32 | Read 501 times

‘Time to rebrand North Cyprus’

Turkish and TRNC companies must join forces to help North Cyprus “rebrand” and fulfil its potential in the tourism, higher education and manufacturing sectors — but incentive schemes need to be improved and red tape slashed to encourage investors.

‘Time to rebrand North Cyprus’

Photo: TAK

These were the main messages delivered to delegates at a high-profile conference last week, which also urged North Cyprus to be more open to inward investment.

Prime Minister Tufan Erhürman said the country was ideal for the tourism, education and IT sectors — with a capacity for annual earnings of $960 million from tourism and $800 million from higher education — but he was saddened that it was mostly perceived for “a sole economic activity of casino tourism” in the Turkish media.

For more see Cyprus Today... In shops or on PressReader.

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