The Chamber of Commerce of Cyprus is looking for investors for the construction of Chinatown. Chinatown is likely to appear in Paphos.
The initiative to create Chinatown in one of the cities of Cyprus came from the Chamber of Commerce and the Cyprus-China Association, which thus decided to strengthen relations between the two states. According to the President of the Cypriot-Chinese Association, Andis Nathanael, the new area will become a place of attraction for tourists, here you can buy Chinese goods and eat in Chinese restaurants.
The exact location of Chinatown has not yet been determined, it will depend on the wishes of the investor. Be that as it may, the most popular destination for investors and buyers from China today is Paphos. In this city, about 1,500 real estate properties have been sold to Chinese citizens lately.
The most famous Chinatown in Europe is located in London, where Chinatown began to form in the 1950s. In Paris since the 1970s, there are two whole Chinatowns – in the 13th quarter and in Belleville. And the largest Chinese region outside the PRC is located in New York.