Work Commences on HUF 3.6 Billion Spa Development in SE Hungary

The cornerstone of a HUF 3.6 billion spa development in Mako (SouthEast Hungary) was laid on Friday.

The project is half-covered by EU funding in the sum of more than HUF 1.5bn. The rest is being financed by a municipal bond issue. The facility is expected to be inaugurated by August 2011. More than 300,000 visitors came to the spa in Mako last year, and about 80pct of visitors were from neighboring countries. "In Makó there is thermal mud, a unique natural asset, only to be found in five places in the country,” says Péter Buzás, local mayor. The building was designed by Imre Makovecz, a key figure in organic architecture, who has designed several buildings in Makó, such as the ‘Onion House’, the library and the local high school.

News Monitoring