Brownfield Covenants, Condition 27/06/2024

The Flemish Government wishes to encourage and facilitate the redevelopment of abandoned industrial estates (so-called brownfields) by concluding covenants with project developers and investors. Through such a covenant, project developers and investors receive a number of legal-administrative and financial advantages in the development of vacant and underused industrial estates. By doing so, the Flemish Government wants to encourage them to reuse preferably abandoned sites (brownfields) instead of cutting down new areas (greenfields) for the development of industrial activities, housing or recreation.