Article: All eight bidders in Hungarian government district construction tender through to 2nd round.

All eight bidders in Hungarian government district construction tender through to 2nd round

BUDAPEST. AUGUST 24. INTERFAX CENTRAL EUROPE - Hungarian state asset manager KVI announced on Friday that all eight bidders in a tender to construct a new government district in Budapest have qualified for the second phase of the tender.

The KVI will start "competitive negotiations" with the eight bidders in September, and expects to pick a winner by December, state news agency MTI reported.

The eventual winner will have to finance and implement the construction of 180,000 square meters of office space, and operate the complex for 25 years, receiving an ...

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