Iranian companies are turning to solar energy, requests for loans in...
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Iranian companies are turning to solar energy, requests for loans in the TRNC

Iranian companies are showing intense demand for GIFA Holding in the TRNC to obtain loans from international banks due to the ambargo impose on their countries.

06 Mart 2017 - 11:13 - Güncelleme: 06 Mart 2017 - 11:19

Countries that see a few years of depletion of fossil reserves in the world are heading for renewable energy. This, in turn, has led Iranian companies, which have significant reserves of oil and natural gas, to pursue different pursuits. In 2011, the companies in Iran, which make giant solar power plant in Meshed of Horosan, compete with each other to establish new power plants in 2017. US President Trump's mutual restructuring with the Iranian administration also forced Iranian companies to work with international banks.

200 MILLION EURO CONSULTANCY SERVICE FOR ENERGY COMPANIES ON TRNC

As a result of the ambargo imposed by international banks and companies on Iran, Iranian companies headed to GIFA Holding in the central TRNC. The company, which has provided 200 million euros credit counseling to the Iranian Mines and Metal Technological Engineering company as a result of the agreements, said that the other Iranian companies currently in the application are also evaluating new loan requirements.

AGENCY AGREEMENT EXTENDED FROM TUNISIA

Noting that Iran and the agency in Tunisia have extended their contract for another year, GIFA Holding has announced that in 2017, Tunisia will provide 14 million euros to a construction company and 19 million euros to a stone mine company.

GIFA Chairman Yusuf Kisa said in his statement on the subject, "It is very difficult to provide loans to the Third World countries. We are very successful in providing credit to these countries. The loan can be shaped according to the company's field of activity and business portfolio. 10 years until the credit provided in the appropriate period, the credit can be provided up to 2 years after the payment can be carried out, "he said.

YESILADA: '' GIFA, CONTRIBUTION TO THE MIDDLE EAST OF THE TRNC ''

General Manager of GIFA İlksen Yesilada also pointed out that GIFA is effective in the region with great popularity in terms of credit conditions. Yesilada expressed that the companies in the Middle East are in a race with each other and that it is a great contribution to the TRNC. "Thanks to the consultancy realized, support from these companies also contributes to the country's economy.  Due to the ambargo imposed on the TRNC, areas that cannot be entered easily can be accessed through GIFA Holding. This situation brings us great benefit both in recognition of us and the TRNC ".

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