Negotiations for the Qatari investment opposite Hilton Hotel in Cyprus relapsed.
Chairman of the Cyprus – Qatar consortium, Christos Mavrellis informed members of the House Audit Committee on Qatar’s letter to the Republic a week ago, asking for the revaluation of the agreement to become “more viable and efficient”.
According to Mr. Mavrellis, the international agency appointed by Qatar evaluated the land at €32 million.
Chairman of House Audit Committee and DISY MP, Giorgos Georgiou stated that Qatar seeks to reduce the value of property. “Today was the tombstone of the investment”, he added.
Chairman of the Cyprus – Qatar consortium, Christos Mavrellis informed members of the House Audit Committee on Qatar’s letter to the Republic a week ago, asking for the revaluation of the agreement to become “more viable and efficient”.
According to Mr. Mavrellis, the international agency appointed by Qatar evaluated the land at €32 million.
Chairman of House Audit Committee and DISY MP, Giorgos Georgiou stated that Qatar seeks to reduce the value of property. “Today was the tombstone of the investment”, he added.
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