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Local Name:
Paramount España
Budget:
$500M
Announced:
Construction Start:
Opening:
on hold
Location:
Area:
55 ha
  1. Not so good news. The subsidy will only be paid when the park has been completed and building works signed off.

  2. JosepTarroja is offline Senior Park Investigator
    Join Date
    Jun 2013
    Posts
    24
    Quote Originally Posted by Anonymous View Post
    Just been announced the developer has been awarded 17 Million Euros from the Spanish Government to get the project started.

    http://murciatoday.com
    This is the direct source link:
    http://www.laverdad.es/murcia/201410/29/bruselas-autoriza-subvencion-millones-20141029123341.html

    The European Commission approved on Wednesday the Spanish authorities to grant a public subsidy of 16.28 million euros to the company Premursa Theme Park to build the Paramount theme park and a four star hotel in the town of Alhama.

    The Commission concluded that the public aid meets the EU standards as it will encourage regional development in Murcia and possible distortions to competition " will be limited."

    In June 2014, Spain notified Brussels plans to support the construction of the theme park with 16.28 million in direct subsidies. The project will involve a total investment of 206.6 million euros and is expected to create 1,500 jobs during the construction phase and 1,200 direct jobs upon completion of the investment, according to data from the EU executive .

    Public aid granted in the framework of a which had already been approved by the Commission regime, but had to be reported separately to Brussels because it exceeds the threshold of 15 million euros.

  3. It's just been announced the developer has been awarded 17 Million Euros from the Spanish Government to get the project started.

    http://murciatoday.com

  4. I think this has stalled due to Corvera airport and when this is opened that will unblock the building of the park. Latest is Corvera Airport will open next Spring they have had all the systems/equipment tested have fire brigade employed and other key staff in place

  5. Excellent!!
    Things are progressing rapidly! (Spanish style )

  6. Join Date
    Oct 2014
    Posts
    1
    Taken yesterday:






    Pictures taken by lucky lady

  7. Are there any interesting updates I drove by yesterday and everything looks the same?
    Did you take photos? Can you post them here?

  8. Lucky lady is offline Newbie
    Join Date
    Sep 2014
    Posts
    1
    Are there any interesting updates I drove by yesterday and everything looks the same?

  9. james.tampin is offline Park Investigator
    Join Date
    Jan 2014
    Posts
    4

    Advertising at football grounds

    My friend watches a lot of Spanish football on TV and has noticed electronic advertising boards around the pitches advertising Paramount Park. I have not seen them and was wondering if anyone else has?

  10. Government denies the existence of Paramount Theme Park Guarantee.

    (...) a guarantee on the Paramount Project would be unfeasible and impossible (...)
    http://murciatoday.com/government-denies-the-existence-of-paramount-theme-park-guarantee_22657-a.html

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