29. June 2004 at 09:55

Investment agency registers 215 projects

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AT THE END of last week, the Slovak Agency for Investment and Trade Development registered 215 investments projects at various stages of work in progress, the news wire SITA wrote.

Slovak Economy Minister Pavol Rusko reported at a press conference on Monday that the total value of the investment projects was €5.9 billion, with the realistic possibility of creating 30,000 to 50,000 jobs.

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The largest number of the projects, 37, involves capital from Germany. Other countries from which potential investors might come are South Korea, the United States, United Kingdom, Austria, Spain, and Japan.

"Mainly in the case of Japan we are looking for ways to pay a visit similar to when we went to Seoul, South Korea, because it concerns a large investment project that could create more than 3,000 jobs. This venture could be situated in the southern part of Slovakia. We want to make the visit before the end of September," said Rusko.

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According to Rusko, it is very probable that, during the summer, Slovakia will sign from eight to 10 memoranda amounting to Sk33.5 billion (€838 million) and creating 2,600 to 2,800 jobs. According to the minister, these investments will head mainly to the areas of Hnúšťa, Lučenec, Rimavská Sobota, and to the Prešov and Košice regions.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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