N Cyprus on the eve of large privatizations

N Cyprus on the eve of large privatizations

NICOSIA - Anatolia News Agency

Northern Cyprus’ Ercan Airport is one of the items on the privatization agenda.

Turkish Cyprus’ Economy, Finance, Budget and Planning Commission has approved a draft law to privatize certain public assets.

The draft is now headed to a vote at the parliament. Among the items on the privatization agenda is Northern Cyprus’ Ercan Airport. 

“We are hoping that Turkish businessmen will join the auction for the Ercan Airport, because our businessmen are currently taking part in the auction on their own,” said Northern Cypriot Prime Minister İrsen Küçük, speaking at a dinner last night in Antalya, southern Turkey. 

He explained that they wanted to open the way for privatization in Northern Cyprus, having already privatized Cyprus Turkish Petroleum and were now looking to privatize the Ercan Airport. 

Ercan Airport currently has a 2.5 million passenger capacity, which Küçük says they are hoping to increase to 5 million by holding an auction to construct a more modern airport, with the capacity to support large planes.
LATEST NEWS

  1. Labor unions visit parliament for minimum wage talks

  2. MHP announces resignations of three MPs

  3. Treasury raises $2.5 billion via lease certificate issuance

  4. Plan to renationalize UK railways gets green light

  5. ICC issues arrest warrants for Israeli Premier Netanyahu, Gallant, Deif
Recommended

Treasury raises $2.5 billion via lease certificate issuance

Plan to renationalize UK railways gets green light

Central Bank once again keeps interest rate on hold at 50 pct

Turkish households solely powered by wind and solar

Consumer confidence weakens in November, shows TÜİK data

Number of EVs on Türkiye’s roads exceeds 150,000

Indian billionaire Gautam Adani charged with fraud
WORLD

ICC issues arrest warrants for Israeli Premier Netanyahu, Gallant, Deif

In a landmark move, the International Criminal Court on Thursday announced it had issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant over war crimes it accuses them of carrying out in Palestinian territories, including Gaza.

ECONOMY

Treasury raises $2.5 billion via lease certificate issuance

The Treasury and Finance Ministry has issued lease certificates in the international capital markets with a size of $2.5 billion and a maturity of 5.5 years.
SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.