The Flemish Government wishes to stimulate and facilitate the redevelopment of abandoned business parks (so-called brownfields) by concluding covenants with project developers and investors.Via such a covenant gives project developers and investors a number of legal-administrative and financial advantages in the development of abandoned and underutilised business parks. In doing so, the Flemish Government wants to encourage them to reuse abandoned sites (brownfields) instead of cutting new areas (greenfields) for the development of industrial activities, housing or recreation.
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