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Cyprus

Chinese ‘village’ to be constructed in occupied Trikomo

Trikomo

After the British, Russian and Scandinavian interest, occupied Trikomo  has attracted the “close interest” of Chinese investors, Turkish Cypriot media has reported.

According to Kibris, Chinese businessman You Fei Ma, director of ZhongSai Development Ltd will make an investment in the area in cooperation with the Turkish Cypriot Noyan Group.

They are expected to build 140 apartments and 52 duplex villas. The Chinese businessman purchased 26 donums of land in the area and he is expected to lay the foundations of the project, in cooperation with Noyan Group, in the end of this month.

Their target is to finish the project within one year. Around 18 of the apartments have already been sold, the reports said.

You Fei Ma and Ahmet Noyan, directors of the investing companies visited the ‘mayor’ of Trikomo, Hasan Sadikoglu to brief him about the project, Kibris said.

The Chinese businessman reportedly said they preferred Trikomo because the area had not been developed.


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