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Deal reached on water pipeline

It seems a deal has finally been reached for the management of the water supplied by the pipeline connecting mainland Turkey to Myrtou dam in the village of Geçitköy.

After months of negotiations, recent media reports suggest that coalition partners in the Turkish Cypriot administration have agreed to privatise the pipeline’s operation under a multi-partner company formula, which will include the participation of several Turkish Cypriot businesses.

The company will be formed under new system to governing its operation and will allow the administration to inspect it and produce general water policies.

The report goes on to say that the company, which had been formed by the local councils in the north for water management (BESKI), will be a strategic partner with a share equivalent to their capital.

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About Sophia Söderholm 2627 Articles
At the age of ten Sophia moved from Sweden in 1998 and has since lived in several locations around the world including Spain, and has been residing in North Cyprus for four years now. Her educational background is in marketing, hotel management and real estate, and she now works as a real estate agent and is editor in chief for New Cyprus Magazine. If you any questions for Sophia, please write to: sophia@newcyprusmagazine.com.