Current increase of housing and administrative spaces causes a demand of investments by the city district in its school system, health care, culture and social services and also creates a need of construction of new school buildings and an enlargement of existing school buildings, whose current capacities are on the edge of Prague 7’s capabilities. A demographic study, commissioned by Prague 7 in 2016, confirms this trend.
For reasons stated above, Prague 7 City District adopted Rules of financial participation of investors on the development of Prague 7 City District, in order to enable a financial participation of investors in the creation of appropriate conditions in Prague 7 City District.
Relevant documents can be downloaded here:
Rules of financial participation of investors on the development of Prague 7 City District
Cooperation Agreement template