Turkish Cypriot Businessmen and Professionals Association (KIBISAD) was established in Turkey

Turkish Cypriot daily Kibris newspaper (30.11.11) reports that an organization under the name Turkish Cypriot Businessmen and Professionals Association (KIBISAD) was established in Turkey by Turkish Cypriot businessmen who live there.

According to the paper, the aim of KIBISAD is to provide support for the development of the breakaway regime.

Information about the vision and the aims of the association were given during a press conference organized by the administrative council of the Association at Merit Hotel in occupied Lefkosia. The chairman of the administrative council Sertac Ozinal, stated that the Association will provide information about the situation in Cyprus to those who would like to invest in the island and added that KIBISAD wants to help towards increasing the investments in the occupied areas.

KIBISAD, which was established by 34 Turkish Cypriot businessmen, has more than 60 members today.

HELLENIC RESOURCES NETWORK 01.12.11