Synergy wins US backing for Gdańsk Shipyard real estate project

Overseas Private Investment Corporation (OPIC), the US government agency which is responsible for supporting American companies investing abroad, has granted a $10 million loan to Synergy for its project to modernize and develop the property of the former Gdańsk Shipyard. The project envisages the construction of flats as well as business and cultural centers and guarantees the preservation of the historical buildings connected with the famous strike in the shipyard and the creation of Solidarity. Currently, the project is awaiting approval from the Gdańsk city authorities. Synergy is sponsored by two investment funds: Emerging Europe Fund for Sustainable Development and Emerging Europe Fund II. (www.onet.pl) A.Z.