Information from MGP on various matters

These are some bits from MGP's bulletin which may be of interest:

POLARIS WORLD FINANCIAL SITUATION 
POLARIS WORLD FINANCIAL SITUATION  

There has been a lot of press surrounding the financial situation at Polaris World since December 2009. The company have been re-negotiating their debts with banks and a report published in La Verdad this week suggests that they have reached agreement. They are expected to sign the new deal in the coming days.

 

If Polaris World sign their agreement with the banks in the next few days they could start to review their future plans and this can only be a positive step. Polaris World have built some superb resorts and brought a lot of investment into the region - we hope that they are able to agree terms and continue to promote the region.

 

 

PARAMOUNT PICTURES THEME PARK FOR MURCIA?

PARAMOUNT PICTURES THEME PARK IN MURCIA?  

It has been revealed that Paramount Pictures have instructed a consultancy firm to investigate the feasibility of building a huge theme park in Murcia. The attraction would compete with EuroDisney and would be the largest theme park in Spain, bringing massive investment to the region. 

 

It has been reported that the US firm are keen to explore the possibility of building the park in Murcia because of the high speed rail link, the airport access and the established road network. Results from the feasibility study are expected before the end of April. Needless to say, if this park goes ahead it will be a massive boost to the local economy, creating a huge increase in visitors and therefore rentals. If this goes ahead it will really 'put Murcia on the map'! See PARAMOUNT NEWS for more information.