Industrial Park “Parc Sagunt”.

Sagunt, València, Comunitat Valenciana.

Spain's finance minister and the regional president presented in 2002 the project for “the largest industrial park in Europe”. With a budget of €252 million, “Parc Sagunt” was to be built in two phases, occupy 15 million m² and create 30,000 jobs. The authorities invested 150 million euros in the first phase, but after its opening in 2007, only three companies established themselves there. The plans for the second phase are frozen.