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Cyprus News Agency: News in English, 10-06-18

Cyprus News Agency: News in English Directory - Previous Article - Next Article

From: The Cyprus News Agency at <http://www.cyna.org.cy>


CONTENTS

  • [01] PARLIAMENT QATAR PROJECT

  • [01] PARLIAMENT QATAR PROJECT

    The House of Representatives yesterday passed by majority a government bill enabling the Council of Ministers to alienate state land. The Bill allows the Government to proceed with the agreement signed recently between Cyprus and Qatar for the creation of a joint venture for a major project in Nicosia, which will include a five star hotel, apartments, offices and a commercial centre.

    The bill passed after the approval of an amendment by ruling AKEL clarifying that this type of land arrangement only applied to this specific case. AKEL and DIKO MPs voted in favour of the bill, while 20 MPs from the opposition parties namely DISY, EDEK, EVROKO and the Greens abstained from voting. There were no votes against the bill.

    Cyprus and Qatar signed in April two agreements and four memoranda of understanding, covering sectors such as air services and the creation of a joint venture for a project opposite Hilton Hotel in Nicosia, including a five-star hotel, a shopping mall, offices and apartments.

    The agreements and memoranda were signed at the Presidential Palace in Nicosia during official talks between delegations of Cyprus and Qatar, headed by President of the Republic of Cyprus Demetris Christofias and Emir of Qatar Sheikh Hamad Bin Khalifa Al Thani.


    Cyprus News Agency: News in English Directory - Previous Article - Next Article
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