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Košice in spotlight of prominent Japanese investor |
Bratislava, 02.12.2016 |
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Currently, Slovak industry includes about 350 suppliers and the new plant of carmaker Jaguar Land Rover and other notified investments will probably bring more of them.
The Slovak authorities are negotiating an one hundred million euro investment with the Japanese electrical engineering company Minebea in Košice. At its new plant, the company proposes to produce components for refrigeration equipment and car speedometers and they will also carry out research and development, the Hospodárske Noviny daily reported.
The Economy Minister Peter Žiga and Košice Mayor Richard Raši are now negotiating the investment directly in Japan, and on their successful completion the ministry is anticipating a significant shift forward for the whole region.
“One of the major priorities of the ministry’s leadership is to make significant investments in areas with higher unemployment rates, even in eastern Slovakia,” said the ministry’s spokesperson Maroš Stano, as quoted by Hospodárske Noviny.
Ľuboš Vančo, managing partner of the consultancy company KPMG, pointed out that the investment incentives of the ministry in similar areas, Košice airport and local universities that can prepare qualified personnel, may help to convince the Japanese company. As the Košice district and surroundings show an unemployment rate of more than 16 percent, the investor should have no problem finding employees.
“In the region there are lower wages and more available people,” said Vančo, as cited by Hospodárske Noviny.
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