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KIB-TEK facing closure

12 June 2015

KIB-TEK faces shut down if the TRNC government does not intervene, Ismet Akim, chairman of the administrative council of KIB-TEK has said.

State-run KIB-TEK loses 60 million Turkish liras every two months because of the increase in the price of fuel. In statements to ‘Kibris’, Akim noted: “We have lost 60 million TL in two months. If the government does not take our proposals into consideration, we will shut down the institution by the end of the year”.

Akim said that they have decreased their prices but the fuel cost, which had been 600 US dollars per ton in January, went up to 1,200 US dollars today. He noted that they are losing money every month and criticised Prime Minister, Ozkan Yorgancioglu, adding that “if a problem exists here, the prime minister should solve it”.

Kibris Gazetesi

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