The water protocol agreement was signed by Turkish Cypriot agriculture and natural resources minister Nazım Cavusoglu (r) and Turkish Forestry and Water Works Minister Veysel Eroglu (l) on Thursday after some minor tweaks were made to the text. The details of the agreement will be announced on Friday at a press conference.
The Turkish Cypriot local municipalities will need to decide whether or not they will take part in the project and sign individual agreements to receive the water from Turkey.
The draft agreement reached in Ankara, envisages the water will be managed by a private company after it goes out to tender. The project, inaugurated in October and costing 5oo million euro, will supply the TRNC with 75 million cubic meters of drinking and irrigation water annually until 2040.