Being MBA student

Potential water crisis of Cyprus in near future

In this summer time, Cyprus require to import water from abroad. Importing from Greece will cost 40 millions euro. Recently, six tankers have been unloaded with 8 million tons of water to Cyprus according to the Financial mirror. The consumption of 70 to 80 percentage by the agriculture sector, 12 percentage utilize by Cypriot residents and 3 to 5 percentage for tourism. The agricultural export necessary more water in order to provide increase export. It would be more required than the Cypriot resident consumption. In fact, the government supported very strongly to agriculture sector sold only at 17 euro cents per cubic meter. The import of water fob price is approximately 5 euro per cubic meter from Greece. ( euro 40 million divided by 8,000,000 cu.m of water is 5 euro per cu.m)


The other import items of luxury goods like BMWs, mobile phone, TV, high quality clothing, etc and the most essential goods for the life required as well. The vessel loaded with water might face with bad weather situation and other obstacle at any time soon. Decisions have to be made by government as quickly as possible. The Cypriot political masters appear fairly relaxed over a difficult situation which can quickly turn into a major crisis.
Fortunately, I'm working on my final thesis recently.I have to leave the country because I can not work after I finish my MBA. Moreover, It is also quite difficult to hunt the job such as the international corporation here in Cyprus by an Asian.

posted by Tun Tun Lin @ 4:15 PM