A group of Arab investors plan to spend billions of forints to build a 300-room luxury hotel and water park in Veszprem (NW Hungary), the city’s mayor Janos Debreczenyi announced on Tuesday.
The investors from Saudi Arabia and Dubai have already chosen a law office and a planning office, Mr Debreczenyi said.
They want to complete the project in two to two-and-a-half years. A point of speical importance for the investors was the establishment of a civilian airport in nearby Szentkiralyszabadja.
The city will not offer the investors a tax break.
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