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Gov’t approves creation of new industrial zone in northern Moravia

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Ostrava, North Moravia, July 22 (CTK) – The government has approved the creation of industrial zone Nad Barborou near Karvina in the Moravia-Silesia region, in which the state is going to invest up to Kc750m in 2016-2018, Prime Minister Bohuslav Sobotka said at a press conference after the cabinet meeting held in Ostrava yesterday.
The total costs of building the zone are estimated to reach Kc1.2bn.
In recent weeks, the Moravia-Silesia region has attracted several investors. One of them is Hyundai Mobis, which is building a plant in the industrial zone Mosnov. After the Mosnov zone is filled up, the Nad Barborou zone should become a new location that will be offered to investors, Sobotka said.
The Nad Barborou location, covering almost 90 hectares, is a brownfield formerly used as a coal mine. After its conversion to an industrial zone, up to 2,000 jobs may be created there.
Karvina in Moravia-Silesia ranks among districts with the highest unemployment in the country. At the end of June, the local jobless rate reached 11.3 percent.
The government had already approved the subsidy of up to Kc750m for the Nad Barborou zone in October 2013, when the then government of prime minister Jiri Rusnok included it among strategic industrial zone projects. Building the zone was intended to be one of anti-crisis measures for Moravia-Silesia. The region has, however, never received the money.
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