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Revenue from property sales to go on new equipment

The Military Property Agency (AMW) has announced that over zl.200 million generated from the sale of military property will be used for the purchase of modern equipment for the Polish armed forces. The money will be raised from the sale of land and buildings that are no longer needed by the army, following its restructuring. Yesterday, the AMW announced plots of land, buildings, airports and military equipment that are ready for sale. The AMW has at its disposal 10,000 hectares of land and 3,000 buildings. "It is difficult to estimate the value of the property. We have land in Warsaw city center, as well as in Pojezierze Mazurskie," said AMW president Andrzej Jamrozek. He added that while attractive areas of land in big cites and resorts are likely to tempt investors, the majority of the property is in less attractive locations. The AMW has already succeeded in selling several former military airports, and some military barracks are expected to attract the interest of the Interior Ministry. (Rzeczpospolita, p. B2) A.Z.

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