09/10/2023
The most important news of the past week from INEX Investment in the weekly “News Digest” section! Share with your friends so that they too are aware of what is happening! 😏
🔵The President of the Turkish Republic of Northern Cyprus, Ersin Tatar, during his Turkish tour, expressed his assessment of the proposal to rename the country, eliminating the word “northern” from its name. This proposal was put forward for discussion by the leader of the Nationalist Movement Party (MMP) and former Deputy Prime Minister of Turkey, Devlet Bahçeli.
The head of Northern Cyprus expressed gratitude to the Turkish politician for his support in changing the name of the country. He also stressed the possibility of considering this change, although it would require a constitutional amendment. The President believes that the new name will emphasize the existence of a Turkish state in Cyprus, supported by the Republic of Turkey.
🔵The third stage of repair of the main Girne-Alsancak road has begun. The Prime Minister of the TRNC, Ünal Yüstel, and the Minister of Public Works and Transport, Erhan Arıklı, inspected the section of the Kyrenia-Alsancak road where work has begun. Sidewalks and ramps in the Lapta hotel area will be ready in 3-4 months.
After the completion of this project, the priority will be the Kyrenia-Catalköy road. Budgetary resources have already been allocated. The total cost of the project is about 200 million Turkish lira. This will improve traffic flow and reduce congestion on road sections.
🔵Cellular operator Telsim has introduced a 4.5G network with support for Super 4.5G, highlighting the importance of digitalization in Northern Cyprus. The network is available for use with compatible devices and SIM cards. In case of incompatibility, customers can obtain a new SIM card from Telsim stores.
Let us recall that last year a tender was held for the introduction of 4G and 5G technologies, with Turkcell starting to use 4G and 4.5G from September 7, and Telsim providing 4.5G service from October 6. The transition to 5G is planned in the next 5 years.