(MTI) – The central government and Budapest’s council will jointly finance a development of the Dagaly spa in the city’ northern 13th district from a budget of 17 billion forints (EUR 54.5m), the deputy mayor of Budapest said on Wednesday.
Gabor Bagdy said the project will consist of two phases, one to complete the facilities for the swimming and water polo world championships in 2021, and the other to refurbish the popular spa itself.
Out of the whole project, the city will finance the latter phase, at a cost of 3.5 billion forints, while the larger part of the expenses will be covered from central coffers, Bagdy said.
The project is aimed at making Dagaly “a national sports and spa centre”, the deputy mayor added.
Works are set to start in 2015 September with a duration of 20 months.