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They got €300 million but that doesn’t mean the project cost €300 million. This is a pretty normal arrangement where government induces companies to do somethi
by tinus_hn 6y ago
They got €300 million but that doesn’t mean the project cost €300 million.
This is a pretty normal arrangement where government induces companies to do something by paying at least up to half the cost while the company gets to reap the rewards. I’ve seen it happen in tech but I’m sure it happens in different fields.
Of course its a mutually beneficial arrangement, otherwise that would be pretty dumb for a government to do, right?