First subsidy for construction of EXPO hotel – Airport City gets EUR 5.9 million for AC Hotel by Marriott in business park in New Belgrade
These funds that the Ministry of Economy of Serbia has allocated to Airport City West are 20% of the total costs of the investments in the construction.
Thereby, according to the contract it has signed with the Ministry of Economy, Airport City should invest at least EUR 29.9 million in material and non-material assets in a two-year period.
The funds of EUR 5.9 million will be paid in two tranches – the first one in 2025, of EUR 864,829, and the second one in 2026, in the amount of EUR 5.12 million.
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