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20th November, 2018

Széles plans Ft 77bn golf investment

Entrepreneur Gábor Széles is planning a large-scale tourism investment at the Zala Springs Golf Resort, Hungary’s largest 18-hole golf course.

Széles is planning to invest Ft 77 billion in the area in the coming years, in part to build a five-star hotel, a wellness centre and an artificial thermal lake on a 160-hectare site. This would be one of the largest tourism investments in all of Central and Eastern Europe, Napi reports.

The Zala Springs Golf Resort opened in 2015 in Zalacsány, a small town in Zala county close to Hévíz and Lake Balaton.

The complex has become a popular destination for foreign golf lovers with its premium apartments.

Széles invested Ft 9 billion in the project from his own resources.

The investor is Hungary’s sixth richest person with an estimated wealth of Ft 142 billion.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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