North Cyprus News | Online News for North Cyprus

100 million Euros Cheque for Ercan

100 million Euros Cheque for Ercan

December 28
11:10 2012

The head of Tasyapi Construction, the company that won the Ercan privatisation tender was in Cyprus yesterday. Mr Emrullah Turanli attended a press meeting along with Prime Mnister Irsen Kucuk, Finance Minister Irsen Tatar, and Transport Minister Ersan Saner. During the course of this meeting he handed over an outsized cheque for 100 million Euros, the first payment for winning the tender.

Over the next 25 years, Tasyapi will be paying out a further 400 million Euros as part of the conditions for winning the tender. During this period,  Ercan airport will be rebuilt to world class standards of safety and convenience and be able to handle any projected capacity.

 

Local Weather

Kyrenia, Cyprus
15°
17°
Tue
16°
Wed
14°
Thu
15°
Fri
Weather from OpenWeatherMap

Lira Exchange Rates

USD
USD
3.7599
EUR
EUR
4.6677
GBP
GBP
5.2795

Upcoming Events

  1. Exhibition of Turkish Cypriot Artists

    January 25 @ 9:00 am - February 23 @ 5:00 pm
  2. Whirling Dervish

    February 19
  3. North Nicosia Walking Tour

    February 19
  4. Whirling Dervish

    February 20