Water Opportunities

An Expert's View about Water Treatment in Cyprus

Last updated: 22 Mar 2011

Given the importance the Cypriot government is giving to solving the water problem, a number of government projects are included in the current budget.

Sector briefing Water Opportunities in Cyprus Why Cyprus? Cyprus because it currently offers business opportunities in the water sector but at the same time has specific advantages: ? Open economy ? EU member state with no trading barriers with UK ? One of the highest standards of living in the EU /High spending power ? Similar business culture to UK (banking, accounting, legal systems) ? Highly educated / skilled work force (mostly UK educated) ? Easily accessible (Daily flights) ? High awareness and regard for UK products and services ? English widely spoken ? More than 1 million British tourists visiting every year ? About 80,000 British nationals residing on the island ? A gate-way to the Middle East, the Gulf, the Russian and East European markets Find general information on the Cyprus market conditions on UKTI?s website. The Doing Business Guide for Cyprus gives an overview of Cyprus? economy, business culture, potential opportunities and an introduction to other relevant issue. UK Trade & Investment Sector briefing: Water opportunities in Cyprus UK companies wishing to enter the market Opportunities would benefit from working with a local company or individual who has knowledge of There are opportunities for UK firms who have the market and would keep an eye on expertise in the water sector to offer their opportunities and the development of projects. services either in terms of specific products or The fact that some of the tender documents in terms of offering advice on long term are only in Greek, as well as the need to solutions to the water problem. provide after sales service, are two reasons why British companies are advised to have a Given the importance the Cypriot government local partner when bidding for government is giving to solving the water problem, a projects. number of government projects are included in the current budget. One of the larger projects If you have any questions on the opportunities is the treatment and disposal of waste water in above, contact the UKTI Cyprus contacts 57 agglomerations. named in this report. Business opportunities aimed specifically at UK companies are added Commercial opportunities exist in the private daily to UKTI?s website. These leads are sector. Projects like golf courses are given sourced by our staff overseas in British licenses for development only if they can Embassies, High Commissions and Consulates, provide water from own sources such as across all sectors and in over 100 markets. desalination or recycled water. Tourist resorts and hotels are also looking for similar solutions You can be alerted to business opportunities on as they can not depend on having a regular basis by registering on the UKTI uninterrupted water supply from the water website. Find out more on UKTI?s business boards. opportunities service on the UKTI website Furthermore under the water saving measures, the government offers subsidies for the following: ? Hot water re-circulators ? Boreholes ? Connection of borehole with lavatory ? Installation of system for recycling of grey water The size of market in terms of opportunities in the water sector is very difficult to assess. As mentioned above in addition to government projects there are a number of private sector projects which are currently in the pipe line. Strong competition exists from companies from other EU countries particularly France, Germany, and Italy. Greek companies always have an advantage because of the Greek language. The government of Cyprus goes out to tender for all major projects and supplies. Tenders are advertised in the local Government Gazette, only in Greek. However some tenders are available in English as well. Major projects are also advertised in the Official Journal of the European Union. As Cyprus is part of the European Union, the market is open for European businesses allowing them to establish themselves on the island without having a local partner. However UK Trade & Investment Sector briefing: Water opportunities in Cyprus Major events and activities UKTI contacts Find full details of all events in this Elena Orphanidou-Rhodes country and sector on the UKTI website. Head Trade and Investment New export events are added daily to the site British High Commission and you can register to be alerted to them on a P O Box 21978 daily, weekly or monthly basis. 1587 Nicosia Tel: +357 22861340 UKTI?s Tradeshow Access Programme (TAP) Fax: +357 22861150 provides grant support for eligible Small & E-mail: Elena.orphanidou@fco.gov.uk Medium Sized Enterprises (SME's) to attend trade shows overseas. Find out more about Athena Achilleos UKTI support for attendance at overseas Trade and Investment Officer events British High Commission P O Box 21978 1587 Nicosia Tel: +357 22861341 Fax: +357 22861150 E-mail: Athena.achilleos@fco.gov.uk UK Trade & Investment Sector briefing: Water opportunities in Cyprus Next steps - How UKTI can help ? Arranging appointments British companies wishing to develop their ? Organise seminars or other events for business in the Cyprus market are advised to you to meet contacts and promote your undertake as much market research and company in the Chinese market planning as possible in the UK. UKTI?s team in Cyprus, with its wide local knowledge and This work is available via our Overseas Market experience, can provide a range of services to Introduction Service (OMIS) a chargeable British-based companies wishing to grow their service which assists British-based companies business in global markets. wishing to enter or expand their business in overseas markets. This can include: ? Provision of market information To find out more about commissioning this ? Validated lists of agents/distributors work, or accessing other UKTI services and ? Key market players or potential specialist advice, please visit the UKTI website customers in the Chinese market to find contact details for your local UKTI ? Establishment of interest of such office. contacts in working with you Whereas every effort has been made to ensure that the information given in this document is accurate, neither UK Trade & Investment nor its parent Departments (the Department for Business, Innovation & Skills, and the Foreign & Commonwealth Office), accept liability for any errors, omissions or misleading statements, and no warranty is given or responsibility accepted as to the standing of any individual, firm, company or other organisation mentioned. Published 2010 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: Water opportunities in Cyprus
Posted: 22 March 2011, last updated 22 March 2011