This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El parque empresarial El Pla d’Alzira avanza

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The municipal joint venture Gesual studied a moratorium of two years in the fulfilment of the terms of execution

The parque empresarial El Pla d'Alzira is moving

Drafting Interempresas15/12/2009

December 15, 2009

The project of El pla d'alzira is taking its final form to move forward on schedule. More than 20 companies - who will occupy more than 60% of the area reserved for sale at appraised price - already have signed contracts with urbanization, Alzira Parc Industrial S.A.

More than a project for the future, the business park of the Pla is already a reality that is consolidating every day and for which the economic crisis is does not constitute an obstacle. In fact, the project is taking its final form and you can start to distinguish the structure of blocks and roads that will shape. According to sources of the urbanization company, works are developed at a good pace and on schedule. He currently works in the land movement, having completed the final phase of burial of collectors.

Were he is currently working on the land movement, having completed the final phase of burial of collectors.

Exceptional conditions for the crisis

The best proof that the Pla is moving is the fact that more than 20 companies, who will occupy more than 60% of the area reserved for sale at appraised price, have already signed contracts with the urbanization company, Alzira Parc Industrial S.A. all these companies have benefited from special price conditionsin accordance with the competition promoted by the joint venture municipal Gesual. The price has positioned 129.50 EUR per square meter solar completely urbanized. The urbanization company trusts successfully the process of selling at price valued by end of year. Once completed that process is expected to begin the commercialization of land to free price. The good reception given to the project as a step in its consolidation as an example of modern and attractive industrial concentration due to its location and excellent services. In short, a project which, by their overall quality, is called to attract foreign investment on a large scale to the comarca of the Ribera in particular and the Valencian Community in general.

On the other hand, the City Council of Alzira and Gesual, key drivers of the project, in response to the special economic circumstances are studying the possibility of granting a moratorium of two years in the terms of execution of individual projects. This measure seeks to facilitate and stimulate the implementation of corporate initiatives that have already formalised the purchase of land, and initially had to comply with strict time limits concerning the application of the licensing of works and the beginning of the same, among others.

The Pla wants to be erected in economic boost in the comarca of the Ribera, a zone of great industrial tradition with a strategic geographical location.