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Corum to build Ft 18 bln residential park

Budapest-based Corum Consulting Kft will construct a residential park and trade center in Kaposvár, southwest Hungary for Ft 18 billion, the company announced.

The company will buy a 15 hectare site from the local council for Ft 1.05 billion and will upgrade the area with public utilities. The first Ft 3 billion section of the project will start this year including 48 flats and shopping mall and a business quarter.