$500 million complex planned for Warsaw outskirts
Brwinow, a municipality located on the outskirts of Warsaw, has announced
plans to construct a combined conference, shopping and exhibition center
worth as much as $500 million. Initially called Krajowa Brama Gospodarki
Warszawa, the project would consist of a complex of exhibition halls and
conference rooms with the capacity to seat 6,000 people. Hotels, restaurants
and entertainment facilities would also be constructed. Commenting on the
plans, local mayor Maciej Nowicki stressed that Brwinow is the only
municipality near Warsaw with an undeveloped area that is large enough to
contain such a facility and that is also owned by a single entity, in this
case the Treasury Office of Agricultural Property (AWRSP). Brwinow is
counting on government support for the project. According to Rzeczpospolita,
the project so far has received positive feedback from sector insiders,
several banks and both foreign and domestic investors. (Rzeczpospolita, p.
B4) P.J.