Baltic Center plans zl 1 billion multi-use complex for coast

Local communities of Ustron Morski and Kolobrzeg are close to signing an agreement with Scandinavian capital group Baltic Center for the construction of a zl. 1 billion tourist complex on the site of the former airfield in Bagicz near Ustron Morski. The investment would provide reconstruction of an airfield, hotels, aquatic park, yacht port and other sport facilities. Polish representatives of Baltic Center do not want to disclose the companies involved in its capital group, but sources claim that some of them are airline, tourism and construction companies from throughout Scandinavia. Neither local officials from Ustron Morski or Kolobrzeg nor the Scandinavians were willing to reveal investment details. In finalizing the deal, Baltic Center will pay zl. 4 million for the land, with the subsequent zl. 12 million for the property to be paid over the next two years. (Puls Biznesu, p. 7) M.M