EXTENDING Elche’s Business Park will cost more than €226 million, according to a feasibility study commissioned by city hall.
This includes the €39.3 million cost of developing the land, most of which would be met by city hall, as well as building industrial units and warehouses that will require a total investment of €226 million.
Despite the high price, future earnings from selling the properties would bring in €240 million, the study found.
City hall now hopes to reclassify 569,260 square metres of land north of the existing Business Park, pending the go-ahead from the regional government
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