On August 25 the foundation stone for one of the major investment of the Pécs2010 Cultural Capital of Europe program was laid. The Pécs Conference Center and Concert Hall is built by a consortium of Magyar Építő Zrt and Arcadom Zrt.
The total budget of the investment is HUF 7,24 billion including HUF 6,37 billion of the contracted cost of construction. The more than 11,000 square meter building will host the Pécs Cultural Center and the Pannon Philharmonic Orchestra, and will be able to accommodate 999 visitors. It will also be functioning as the conference center of the region, able to receive 50-368 attendants in its conference section rooms.