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Government grants arena project strategic investment status

The Slovak government cleared a certificate guaranteeing the status of ’strategic investment’ to the Metropolis project on the outskirts of Bratislava on January 15. The project entails building a multi-purpose complex, including a congress centre and arena. The first phase of the project will be completed between 2014 and 2018 and is set to cost €223 million. The investor, the Cypriot firm Trigranit, expects that at least 330 new jobs will be created by the end of 2018. “The proposed Metropolis project meets all the attributes of a strategic investment that aims to build a tourist destination of significant importance for the city, as well as in cross-region terms, and to increase significantly the number of visitors to Bratislava,” the TASR newswire quotes a document elaborated jointly by Deputy Prime Minister for Investments Ľubomír Vážny and Transport, Construction and Regional Development Minister Ján Počiatek. It’s estimated that the project will yield €10 million per year in taxes. The multi-purpose complex will be erected in Bratislava’s borough of Jarovce in the immediate vicinity of the D2 motorway. The project is slated to be carried out by a company called Hervex which is a subsidiary of Trigranit Holding Limited.

The Slovak government cleared a certificate guaranteeing the status of ’strategic investment’ to the Metropolis project on the outskirts of Bratislava on January 15.

The project entails building a multi-purpose complex, including a congress centre and arena. The first phase of the project will be completed between 2014 and 2018 and is set to cost €223 million. The investor, the Cypriot firm Trigranit, expects that at least 330 new jobs will be created by the end of 2018.

“The proposed Metropolis project meets all the attributes of a strategic investment that aims to build a tourist destination of significant importance for the city, as well as in cross-region terms, and to increase significantly the number of visitors to Bratislava,” the TASR newswire quotes a document elaborated jointly by Deputy Prime Minister for Investments Ľubomír Vážny and Transport, Construction and Regional Development Minister Ján Počiatek. It’s estimated that the project will yield €10 million per year in taxes.

The multi-purpose complex will be erected in Bratislava’s borough of Jarovce in the immediate vicinity of the D2 motorway. The project is slated to be carried out by a company called Hervex which is a subsidiary of Trigranit Holding Limited.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
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