Element Industrial announced a new project in Romania, ELI Park Braila. The logistic scheme is on an 11-hectare plot in the Braila Free Zone. Here Element Industrial plans to develop a 50,000 sqm GLA logistic park in three phases.
“We have recently received the building permit for the first phase of 10,000 sqm,” said Andrei Jerca, Managing Director, Element Industrial. “Braila has all the advantages a business needs: positioning in the road-naval junction, local labour force, the opening access given by the bridge over the Danube and, last but not least, local authorities that make every effort to attract investors to the area.”
The positioning at the city entrance, right near the ring-road and Braila Mall, brings a plus for the “in-city” concept, the park being an option for both regional distribution as well as last-mile.
The total investment in the project is around €25 million.