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$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.

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