Jesus Samper and Alfonso Ceron, during the signing of the agreement this morning. Nacho Garcia / AGM
"Paramount Park Investors can recoup their investment in just 10 years." This was said today Jesus Samper, CEO of Premusa (flagship of Murcia Corporation)-a company incorporated in private equity 80% owned by businessman and a 20% capital of the Ministry of Culture and Tourism - responsible for the implementation of this project.
Samper has signed with the town of Alhama de Murcia planning agreement that will allow the start of construction in the spring of 2012, following the conclusion earlier this year of the environmental impact assessment. The agreement also includes several tax benefits among which include a bonus in the Building and Construction Tax (ICIO) of 30% (included in the bylaws in works of social and job creation) and a reduction 90% for four years in the property tax (IBI) for the complex.
"Paramount will be profitable because all of these features Spanish parks have positive numbers, it is the first comprehensive park in Europe and it has the backing of Paramount Pictures films," reiterated Samper, who claims to have two feasibility studies that support the project, approved by a multinational own entertainment. Samper also has estimated the investment in infrastructure between 400 and 1,000 million euros.
For its part, the mayor of Alhama, Alfonso Ceron said that has not yet made Consistory no estimate on the economic impact the project will have on the municipality, but does believe it will bring "wealth and jobs."