An investment worth €330 million is set to land in Slovakia's second largest city of Kosice in the years ahead, it was reported by the TASR newswire on March 30. When complete, the Abovia Retail Park should be the largest multi-functional and retail complex in eastern Slovakia.
The developer is a Slovak company called Fordin, which is currently finishing the preparation phase of the project. The company expects to shortly close a €16.6-million contract with the municipality on the purchase of a 50-hectare piece of land near the local borough of Ťahanovce, according to the project’s communications manager Matej Pavlík. The project should be up and running in 2014 and one of its goals is to attract not only Slovak visitors but also people from Hungary, Poland and Ukraine. According to Pavlik, it is hoped that the project will breathe new life into Slovakia’s eastern metropolis.
Fordin plans to build the retail park on 30 hectares and use another 20-hectare site for a multi-functional zone, featuring hotels, restaurants, cinemas, cafes, and wellness and relaxation facilities. The park should also include office and residential premises. The project should yield a total 5,500 jobs directly and indirectly.
Source: TASR
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
