China is investing heavily in the economy of Cyprus

 China is investing heavily in the economy of Cyprus
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Chinese business has been actively investing in the economy of Cyprus. There is evidence that the Chinese company from Hong Kong bought in Cyprus near Paphos great object for 325 million euros. Earlier this plot was owned jointly by two companies from Cyprus and one from England (Aristo Developers and Venus Rock Estates and Dolphin Capital Investors). Cypriot businessmen believe that the deal is very beneficial for the island, and such investments will create more than 1,000 jobs in the Paphos district. As an investor believes that at the initial stage will be even more jobs due to the fact that the object will need to pass in the stipulated time frame. The project Cyprus is estimated at 500 million euros, while it is under construction, in the next six months will be completed. Next will be to develop and after about a couple of years its cost base will reach 1.5 billion euros. On the map this object can be found in the area of Ha-Potami (Paphos). It is a very large property, there will be two large Golf courses, a large hotel high-class store and office building, and the built-up area of 3000 houses different plan. For such a settlement was allocated a piece of coastline in one km. Whole 1000 feet of shops and various entertainment and shopping spots Such grandeur of the project was not in the Mediterranean, this economy will bring in taxes worthy payments.



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