The final part of the underwater pipeline, total length of which is 80 km, was completed on the 7th of August. “Project of the Century” is now complete, and during the next two week, Northern Cyprus will receive the first of fresh water coming from Turkey.
The 630 million project will be fully completed on October 29, and Turkish president, Recep Erdogan, is expected to come to the opening ceremony. By the end of the year, all North Cyprus regions will be connected to the new pipeline. The capital of TRNC, Lefkosa, was completely connected this week.
Share on social networks:
New Work Permit Regulations Come into Effect for Foreign Nationals
The Ministry of Labor and Social Security has announced new requirements for employers applying for work permits for third-country nationals. Starting February 25, 2025, employers will be required to submit a security deposit of 250 euros and provide a notarized undertaking. This regulation is based on Article 34 of the Regulation on Work Permits for Foreigners under Law No. 63/2006.A New Mortgage Loan Program Launched in K.K.T.K.
A new mortgage loan program has been launched in K.K.T.K. for citizens who do not have registered housing in their name, their spouse’s name, or their children under 18. The program is intended for families with an income of up to 250,000 Turkish lira and offers favorable conditions.Decline in the Northern Cyprus Real Estate Market: Challenges and Future Prospects
The real estate market in Northern Cyprus is experiencing a decline in activity: the number of new projects is decreasing, and some have been completely frozen. According to data obtained from reliable sources, several contractors are facing difficulties in paying employees' wages, leading to mass layoffs in the construction sector.TRNC Minister of Public Works and Transport Erhan Arıklı Responds to "Palestinization of Cyprus" Claims
The idea of the "Palestinization" of Cyprus (derived from the word "Palestine") is used in a propagandistic context, implying that the situation in Northern Cyprus is allegedly following the scenario of Palestine. This expression suggests that foreigners (in this case, Israelis) are massively purchasing land and real estate, which could lead to changes in the region's demographic composition and the weakening of the local population's position.
