Government subsidy of 130 Million euros in direct aid to JLR. Additional costs include industrial park construction, infrastructure investment and road linking to highway.
BRATISLAVA, Aug 11 (Reuters) – ** Slovakia’s state aid for Jaguar Land Rover (JLR) factory may reach some 600 million euros ($668.46 million) ** The government approved 130 million euros in direct aid to JLR **
Additional costs include construction of the industrial park in a western Slovak town Nitra, construction of a road linking it to existing highway and investment to infrastructure
** JLR signed a deal with the Slovak government in December to build plant with an annual output of up to 150,000 cars, investment seen at 1.4 billion euros –Source link: http://bit.ly/2bkF2Hs — Note: Reuters has not verified this story and does not vouch for its accuracy (Reporting By Tatiana Jancarikova)