Investments over EUR 9 billion will turn Constanța into a regional development hub with real estate opportunities.
The project is based on a partnership between the investor and the Oil Terminal on a 38-hectare plot of land centrally located, close to the port and the train station. The investment approach begins with the greening of the area; the land previously housed storage facilities for petroleum products and has remained unused for the past 10 years.
The project will integrate urban gardens, offices, shopping and entertainment area, educational and cultural facilities, but also an integrated infrastructure to support mobility and connectivity.
“This ambitious project, operated by Mogotel and developed by Monarc Properties, will transform the region by offering standards of excellence and attracting tourists from all over the world. The constant support of the local authorities denotes the total trust shown in this project," said Alexandru Manea, CEO of Monarc Properties.“This ambitious project, operated by Mogotel and developed by Monarc Properties, will transform the region by offering standards of excellence and attracting tourists from all over the world. The constant support of the local authorities denotes the total trust shown in this project," said Alexandru Manea, CEO of Monarc Properties.
Source: Rhn.ro | See original article ►
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