Incentives for new Investment

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
17/08/2010 11:00

Despite of many difficulties especially the international isolations

Cyprus Turkish investors have succeeded to make investments in the TRNC.

Within the framework of the Incentive Law, a total of 399 new

investments have received incentive certificates in the last ten years.

Speaking to the TAK news agency, the President of the State Planning

Organization's Economic Planning Office Odul Muhtaroglu said that the

Incentive Law aims to attract both local and foreign entrepreneurs to

make investments in the TRNC.

'Besides the Cyprus Turkish investors, businessmen from Turkey and third

countries have also received incentives' she noted.

Mrs Muhtaroglu also added that the new fixed investments are envisaging

employment for 24 thousand people.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
17/08/2010 11:02

"Employment for 24 Thousand people"!! - doing what?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
17/08/2010 11:07

I'm trying to rack my brains thinking of what even one of the new investments will be. Oh! Hang on, I've thought of one - how about property? )

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
17/08/2010 11:07

Demolishing poorly built ,half finished,illegal developments?



Bailiffs to evict foreign buyers from their fully paid for homes?



Beach cleaners?



"Legal" Elvis impersonators?

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
17/08/2010 11:35

Advanced Driving Instructors

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
17/08/2010 11:42

Cleaning bird shite out of Cuckoo Clocks. Taking Hush Puppies for walks. Hod carriers for Leggo. Bouncers for Mothercare, advocates, judges, bankers, politicians etc

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
17/08/2010 14:32

An incentive law to bring in foreign investors ?????? Would those incentives be just about every legal hurdle that it is possible to put in an investors way. Methinks government speaks with forked tongue



Paul

john_good


Joined: 15/08/2010
Posts: 176

Message Posted:
17/08/2010 14:44

rocking horse shit vendors needed work permits will be provided 20% tax to go to government

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
17/08/2010 19:20

I'm still trying to find out what jobs the 24,000 will be doing.

clayton


Joined: 30/11/2008
Posts: 1143

Message Posted:
17/08/2010 19:44

airport work,not enough staff,

CJtill


Joined: 02/05/2008
Posts: 836

Message Posted:
17/08/2010 20:14

Employment for all, as I hear there are a few vacancies at the Belediye.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
17/08/2010 20:17

Clayton. You could be right, now that Ryanair are on there way. )

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
17/08/2010 22:50

Since when did the TRNC government actually need to have have real job vacancies before taking on new staff?

smooth


Joined: 04/07/2009
Posts: 156

Message Posted:
18/08/2010 07:54

Sounds good but typical politician speak really. There are projects on going that have created jobs to build hembut it would be a real incentive if each of these projects were to say exactly how many jobs there will be needed once completed and of what type??



I see a lot of activity going on at Bafra and the new marina as well as the new roads from Kaplica to Bafra and Famagusta up towards Karpaz, most workers seem to be from the mainland though living in tented villages.



Once complete then I am sure that new jobs will be created but where will they come from?

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
18/08/2010 07:59

Building and infrastructure work is beneath your average TC, he/she much prefers the luxury of a 'government' job where you are guranteed a good wage and fat state pension regardless of ability or work ethic. As Smooth says, the majority of these supposed 24000 'jobs' will be done by mainlanders/illegals.



Or am I just being 'cynical'



Paul

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
18/08/2010 08:12

Speed camera polishers and speed hump painters and decorators.



Supermarket trolley wheel repairers.



Forklift drivers to remove parked cars park blocking pavements.



Cyprus shrug translators.



The above challenging jobs, aimed at and reserved exclusively for ambitious, career orientated TC's, should provide gainful employment and complete job satisfaction for approx. 25,000 for the forseeable next 25 years.