The park is located nearby Chocholna, which was previously a sleepy village with nothing apart from a struggling agricultural community. Sihot Park has brought a positive impact through economic regeneration to the village and surrounding areas due to the large numbers of people involved in working at it and providing support services to it.
Sihot Park was constructed using the latest German building techniques and sustainable materials and technologies. These lower running costs for tenants and have set a new benchmark for environmentally friendly construction in Slovakia which other developers will be pressured to follow and positively impact the construction sector in CEE.
Central Eastern Europe (CEE) is an area of the EU that has been marked out for special industrial and infrastructure investment but generally lacks funding. It is particularly starved of investment from the Middle East due to concerns over the lack of ease of doing business in CEE. As a result of Sisban’s ground breaking investment in Slovakia, demonstrating how such a project can be not just successfully executed but also sold for profit, there is potential for heavy future investment from GCC investors. Sisban is already being approached by the Slovak government about future lucrative projects and we now plan create a new Sisban fund for GCC investors to share in our success and together make a positive impact on CEE development.