Toy story: still no news on where the money will come from for Polish Vegas
Vahap Toy, the aspiring Turkish investor in Biala Podlaska, gave his a
ssurances during a press conference in Warsaw today that there would be no
unemployment in that region until the end of March 2003. He also told
journalists that everyone would soon like his company. Vahap Toy's company,
Epit, is planning to invest almost $6 billion in Biala Podlaska without
providing any further details, something already strongly criticized both by
the media and politicians. Piotr Burakowski, of American investment company
Delphos talked about financing the investment, but did not give a stra
ightforward answer as to whether his company would pay $5.7 billion. "I
cannot give any concrete details on the subject of financing. Money would
come from multilateral organizations and the American government," said
Burakowski. Vahap Toy ended the press conference with the comment, "There is
a Turkish saying that a man is measured not by what he says, but by what he
does." None of the company's representatives gave clear responses to q
uestions from the press. Representatives of the local government in Biala
Podlaska strongly supported the proposals, while one of them even said that
they awaited jobs on the "Eastern wall of Poland, the wall of tears".
(Zycie, pp. 1, 3) M.M.