Over $ 75 million investment by Chinese investors in Famagusta Free Zone

The group of companies JIM CHANG GLOBAL CORPORATION GROUP held, on Wednesday, July 4, a tour of representatives of audit and law firms, but also of representatives of Banks, at the facilities of major investment projects in Cyprus. Representatives of the group gave a detailed description of the projects throughout the visit of their visitors to the projects, in turn evaluating the investment plans at a fairly high level.

What is the group:

JIM CHANG GLOBAL HOLDING GROUP is a portfolio group founded by Chinese investors in Cyprus to create a comprehensive system of industrial services, through the ecological industrial layout of hotels, properties, tourism, education, education, finance and real estate management.

In June 2016, the group started investing in the European five-star hotel SUN CITY. With the investment of hotel units as incentives, the group continues to operate under the industrial operation for more than two years. Following our investment projects, the group set up the construction company Jim Chang Giovanni, the travel agency KYTV Travel & Tourism and the company Villas 2 let, which offers a complete residential complex for rent. Also MAFIXI PROPERTY MANAGEMENT COMPANY and Zhiyu Fund Management Company.

The projects and the size of the investment

Sun City Spa & Resort Hotel is the first five-star hotel in free Famagusta and is the largest private investment in the tourism industry of the region. Specifically, it extends to the beach of Agia Thekla, in the area of ​​Sotira. So far the construction projects are in progress and the delivery of the project is expected around the middle of 2019. The project worth over 75 million will consist of a luxury hotel unit with over 190 rooms and 10 villas inside the hotel.

The General Manager of the construction group Jim Chang Giovanni Holdings Ltd, Mr. Antonis Antoniou, in his presentation for the group, said about the philosophy of the group “Our primary goal is to work with ethics, so as to provide every customer who visits the group's projects comfort, luxury and high level services of more than five stars. For us, both the foreign tourist and the Cypriot client who will trust us for his vacation are equally important. This is our boss; and that can only be achieved through hard and team work. "

Asked what the Cypriot society expects from the group in the future, Mr. Antoniou said: "First of all, let's say that the group already offers several jobs, which with the completion of the hotel unit are expected to increase tenfold, while the development in area of ​​Sotira waiting to be launched.

In the future, Jim Chang Global Holding Group will create a high-quality international communication platform for Chinese top businessmen and investors around the world to create a "two-way interaction" of resources, information and services in Cyprus. "

The Jim Chang Global group of companies, in addition to the tourism industry, is soon expected to expand into other areas such as education with innovative projects and intends to be an investment bridge between Cyprus and China.

Source: Liberal