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The pandemic drove a Chinese park and Egyptians from Paphos

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The pandemic drove a Chinese park and Egyptians from Paphos

Dora Christodoulou

The efforts of the representatives of the Changzhou National Hi-Tech District Technology Park regarding the technology park that was planned before the pandemic in the province of Paphos end in a final wreck, while a corresponding inglorious end is now marked for the “invasion” of Egyptian companies in Paphos. from where they would circulate in European markets.

The ambitious planning in both cases is permanently thwarted, as its executives openly admit, as the long period of the pandemic has accumulated out-of-plan financial problems for all involved so such ambitious and cost-effective plans are no longer a priority. for the next day of the pandemic.

The information of “F” was confirmed by economic agents of the province, stating that the question that had hitherto existed, has now been answered. In particular, the answer seems to be no as to whether the plans for the large Chinese technology park and the activity of Egyptian industrialists in Paphos will return to the forefront after the pandemic.

And this, explain the same factors, since the duration and the constant “revivals” of the pandemic create a state of uncertainty that does not favor the promotion of projects of this size and cost. Although it was initially said that the parties were ready to return to continue and concretize the plans for the implementation of the plans with the Asian giant and the dominant country in the Arab world, finally the climate seems to be changing. This is because the dimensions and consequences of the pandemic are much more important than originally expected.

The bodies of Paphos appear particularly disappointed in the case of the wreck related to the technology park. The Chinese mission had for years begun a series of contacts and consultations with government agencies, local authorities and local actors to promote the two parties' plans for the Paphos Pharmaceutical Park, as it would be the largest project of its kind outside China.

Changzhou National Hi-Tech District Technology Park covers an area of 509 thousand square meters, has a population of about 688 thousand, of which 400 thousand are professionals operating within it and 10 thousand companies are located in it.

Source: www.philenews.com

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