ZILINA authorities issued a building permit October 15 that allows South Korean automaker Kia Motors to start preparing a site near Zilina in northern Slovakia where it plans to build a car assembly plant.
The permit was issued even though parts of the site are not yet purchased, the news agency TASR has reported. Certain landowners are holding out for a better price, which has so far delayed construction plans by two months.
By issuing the permit, Zilina authorities eased fears that the Korean investor would pull out of the project because of delays.
Soon Pil Kwon, vice-president of Kia Motors Slovakia, and Zilina Mayor Jan Slota attended a “breaking ground” ceremony October 15. According to Slota, construction marks "a turning point that removes any doubts” about the Kia project.
"It's a great pleasure for me to see the day when we can start the biggest investment in Slovakia since the (Velvet) Revolution,” Slota told reporters.
Both Kwon and Slota agreed that making lost time would not be a problem, and that the plant would start operations in November 2006 as scheduled.
Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
18. Oct 2004 at 12:13