North Cyprus Great Organized Industrial Zone Project
North Cyprus Great Organized Industrial Zone Project North Cyprus Great Organized Industrial Zone Project
Project Partner:Cyprus Turkish Chamber of Industry (CTCI)Cyprus Turkish Chamber of Industry (CTCI), established in 1977 as a non-governmentalorganization, still works to assist the development of the Cyprus Turkish IndustrialEstablishments, to expand the field of their activities and to increase their efficiency.Vision: To be an efficient and a pioneer Chamber which is integrated with the world focusedon member - satisfaction and effective in determining the social, economic and particularlyindustrial policies of the country.Mission:• To provide the members with services in order to enable them to produce consumerfocused goods and services within world standards,• To contribute to the policies and organizations supporting the development of theindustrial sector,• To enhance the cooperation with the external and internal shareholders,• To contribute to the establishment of the consciousness with regards to thecontribution of the production of goods and services to GSHM and the developmentof the competitive power of production industry.The Project: Organized Industrial lones (all) are regulated and run by the government inTurkish Republic of Northern Cyprus which has left many industrial companies facing hugeproblems which are not met properly. Moreover the existing all's infrastructure andorganization is not suitable for big and existing high capacity investments. There is anincreasing demand for bigger investment areas in Northern Cyprus where many investorshave left the country without an investment due to the difficulty in placing the investors.Great Organized Industrial lone (Gall) Project is project that will be a one-stop place forinvestors who seek to make industrial investment or a place for the existing industrialcompanies who need to place their investment in a proper place in Northern Cyprus.The area of the Gall will be provided by the government to CTCI. CTCIwill form a company(Gall Company) which will form a control authority of Gall by establishing a board ofdirectors from the investors in Gall and CTCI. Gall Company will be responsible for theinfrastructure, land allocation municipality and other services in Gall. Investing companiesare responsible for completing the building construction on their own plot under theregulation of Gall Company.Project'sBudget:(Annex 1)2
Project'sIncome:(Annex 2)Project'sBenefit to Investors:• Suitable areas for new entrepreneurs• Disciplined Organized Industrial Zone• Rewarding long term business relationships with Islamic Countries• This project has been adapted taking into consideration the most successfulexamples in Turkey which will result in excellent service for investors• Benefit from the water project• North Cyprus strategic position• Providing a convenient price for the available land• Municipal service for industrialists that are willing to invest• Efficient work force with linkage to more than 7 universities• Available transportation services• Near to Famagusta HarborProject's Contribution to Economy:• Technologyand "know-how" transfer• Increase in exports• Employment• In-ward Income• Increase efficient workforce• Increase in competitiveness• Attraction of other industrial sectors• Improvement in infrastructure• Development in the quality of products3
- Page 1: KIBRISTORKsanoy; odoslCYPRUSTURKISH
- Page 5: •Annex 2 : Income from plot sales
<strong>Project</strong> Partner:<strong>Cyprus</strong> Turkish Chamber of Industry (CTCI)<strong>Cyprus</strong> Turkish Chamber of Industry (CTCI), established in 1977 as a non-governmentalorganization, still works to assist the development of the <strong>Cyprus</strong> Turkish <strong>Industrial</strong>Establishments, to expand the field of their activities and to increase their efficiency.Vision: To be an efficient and a pioneer Chamber which is integrated with the world focusedon member - satisfaction and effective in determining the social, economic and particularlyindustrial policies of the country.Mission:• To provide the members with services in order to enable them to produce consumerfocused goods and services within world standards,• To contribute to the policies and organizations supporting the development of theindustrial sector,• To enhance the cooperation with the external and internal shareholders,• To contribute to the establishment of the consciousness with regards to thecontribution of the production of goods and services to GSHM and the developmentof the competitive power of production industry.The <strong>Project</strong>: <strong>Organized</strong> <strong>Industrial</strong> lones (all) are regulated and run by the government inTurkish Republic of <strong>North</strong>ern <strong>Cyprus</strong> which has left many industrial companies facing hugeproblems which are not met properly. Moreover the existing all's infrastructure andorganization is not suitable for big and existing high capacity investments. There is anincreasing demand for bigger investment areas in <strong>North</strong>ern <strong>Cyprus</strong> where many investorshave left the country without an investment due to the difficulty in placing the investors.<strong>Great</strong> <strong>Organized</strong> <strong>Industrial</strong> lone (Gall) <strong>Project</strong> is project that will be a one-stop place forinvestors who seek to make industrial investment or a place for the existing industrialcompanies who need to place their investment in a proper place in <strong>North</strong>ern <strong>Cyprus</strong>.The area of the Gall will be provided by the government to CTCI. CTCIwill form a company(Gall Company) which will form a control authority of Gall by establishing a board ofdirectors from the investors in Gall and CTCI. Gall Company will be responsible for theinfrastructure, land allocation municipality and other services in Gall. Investing companiesare responsible for completing the building construction on their own plot under theregulation of Gall Company.<strong>Project</strong>'sBudget:(Annex 1)2
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