The Balatonfuredi Yacht Club (BYC) is spending more than HUF 400m to expand its harbor on Lake Balaton and build two new clubhouses, business daily Napi Gazdaság reported on Friday.
The club is adding about 50 new slips to the harbor at a cost of HUF 80 million. At present the harbor has 370 slips.
The two clubhouses will cost about HUF 350 million to build.
The entire project, which is supported by European Union funding, is expected to be completed by the summer of 2013. (MTI-Econews)