Long-term owner-developer P3 Logistic Parks is expanding its activities with its first project in eastern Slovakia. P3 has started construction of a modern logistics and industrial park near the town of Nová Polhora, offering easy access via the D1 motorway to the metropolises of eastern Slovakia – Košice and Prešov – and logistics connections to neighbouring countries. New enterprises and job opportunities here will benefit both the Košice and Prešov regions.
P3 Logistic Parks is an experienced international developer of industrial real estate, which has operated in Slovakia for nearly 15 years. “The P3 Park at Nová Polhora is our fourth park in Slovakia, but our first in eastern Slovakia. It is a region with strong potential for growth and economic development not only because of the expanding road infrastructure but also because of the existing distribution of industry, commerce and services and the high-quality workforce available,” says Peter Jánoši, the director of P3 Logistic Parks for Slovakia: “Our modern and environmentally friendly P3 park will be built in several stages and will provide space for companies and investors in the light manufacturing, automotive, retail, e-commerce, logistics and distribution sectors. The park has the potential to grow to an area of nearly 170,000 square metres. It could thus provide jobs for around 1,500 people from the Košice and Prešov regions”.
A P3 LOGISTICS HUB FOR THE REGION AND UKRAINE
The new P3 park in Nová Polhora has an excellent logistics location. It is situated in the middle of the highway connection between Košice and Prešov, the two most important eastern Slovak metropolises. Tenants can easily and quickly serve the entire region. Equally practical will be commuting to the park, which thus meets one of the strict P3 criteria for the construction of their own parks, which is easy access from the highway and minimal burden on the surrounding villages. The inhabitants of Nová Polhora and its neighbors will not even feel any transit.
“Given its location and area, our P3 Park aims to become not just a regional but an international logistics hub linking the north and south of eastern Slovakia, neighbouring countries and perhaps even Ukraine, where there are favourable forecasts for economic development,” Peter Jánoši explains the importance of the park, adding: “We are also close to the Kechnec bypass and the planned state strategic park at Haniska near Košice, which aims to attract global investors in several industrial segments. P3 has especially strong competences and experience in the automotive sector. What is more, the planned completion of the motorway to Košice from the Hungarian side in 2022 will reinforce the development potential of the whole region and highlight its significance for incoming investors”.
The contribution of the new park was also highlighted by Rastislav Trnka, chairman of the Košice self-governing region: “I am pleased that P3 Logistic Parks has built on the strategic location of Nová Polhora, which could simplify the servicing of markets in Central and Eastern Europe. The proximity of the borders with Hungary, Poland and Ukraine, but also the high potential in the workforce, are in our favor. It is important for Easterners that only 15 minutes from Košice and Prešov will create new jobs for approximately 1,500 people. I believe this is another reason we give young people not to go to work abroad or another city after school, but to live at home.”
The new P3 Park in Nová Polhora is in an excellent location for logistics. It is situated close to the motorway artery between Košice and Prešov, the two most important metropolises of eastern Slovakia. Tenants will thus be able to serve the whole region quickly and easily. It will be just as practical for workers to commute to the park, which thus satisfies one of the strict criteria that P3 sets for the sites of its own parks, which is easy motorway access with minimal impact on nearby communities. Residents in and around Nová Polhora will not feel any rise in traffic.
THE FIRST TENANT IS C.S. CARGO
The initial phase of construction of the park began in the last few days and two buildings, each with the same area of 12,900 m2, will be built over the coming year. Both halls will be modern buildings in the highest category A, satisfying strict environmental criteria. The first tenant of one of the halls will be C.S. Cargo, a major international logistics company.
“The region of Eastern Slovakia is not foreign to us, we have been operating here for 12 years. Expansion and ambitions in Eastern Slovakia for 2020 are the most frequent topics in our company,” says Igor Káčer, CEO of C.S. CARGO Slovakia, and adds: “P3 Logistic Parks has provided us with optimal solutions to our regional strategic interests. Our clients will find the most modern warehouse technology here, a professional team that will tailor them optimal logistics services. We believe that our current employees will find a new, better environment for their work and in the short term we will expand our professional team in Eastern Slovakia to include new colleagues, not only in the field of transport, but especially in the logistics services provided. ”
P3: AN INTERNATIONAL DEVELOPER AND A GOOD NEIGHBOUR
P3 Logistic Parks is one of the largest companies in Europe engaged in the construction and management of logistics and industrial real estate throughout Europe. P3 builds parks in a sensitive and responsible manner. It is even the first logistics developer in the world to have signed the UN Global Compact, the largest corporate initiative in the world aimed at achieving sustainability.
“It is important for us to be a good neighbour and maintain very good and open relations where we work. We believe that we will be just as helpful and have equally good relations with the inhabitants of Nová Polhora as we have with the other villages close to our parks such as Lozorno, Strečno, and Ivánka pri Dunaji. We will be glad to hear how we can help to improve the quality of life in the village. Not least, we also believe that our tenants at P3 will create interesting jobs for the people of the village and the surrounding area,” says Peter Jánoši.
The investment and the new park were also welcomed by Anton Šimčák, the mayor of Nová Polhora: “We may be a small village, but we have big development plans. We see our position on the border of two self-governing regions as bringing strategic benefits and we believe that the modernisation and enlargement of the village with new houses, public buildings and the industrial park with its job opportunities will attract new residents and families to our village”.
P3 Logistic Parks sees eastern Slovakia as a region with excellent prospects that is attractive for investors. The company envisions a long-term, strategic presence in the region involving the construction of further stages of the P3 Park.