Tzakri: Government’s aim the reopening of industries under new ownership

5 January 2016
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The investment opportunities for new entrepreneurs and the creation of new job positions via the re-opening of industries that have interrupted their operation in the last years is one of the government’s targets, stated Deputy Economy Minister responsible for Industry Theodora Tzakri speaking to Praktorio 104.9 FM on Tuesday.

Most of the industries shut down for different reasons in the last years and the vast majority that are now in the banks’ hands can reopen without being nationalised and the new owners can derive through competitions and in cooperation with the banks.

“We do not refer to wrecks. The industries must have building infrastructure and machinery. We refer to industries that can revive with a small effort” said Tzakri adding that the government’s aim is the crisis to become an opportunity and those workers that have been fired to return to their job and additionally new job positions to open.

As she said the ministry will facilitate the new investors to secure new operation licences “We will give them ready as new investment plans through a transparency procedure, which means that new investors will receive ready industries”.

Tzakri also noted that additionally the government aim to the restart of the economy via HRDF programmes. “The aim for the country is to create through the development and the industrial production, stable and better paid job positions” she concluded.

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