Brussels (Brussels Morning) – The Brussels government has approved a decree to compensate traders who experience income loss due to the construction of metro line 3 ensuring fair compensation and support for local businesses.
The Brussels government has approved a decree to compensate traders who experience a loss of income due to the construction of metro line 3. This compensation is intended for shop owners and small business operators located in areas directly impacted by the construction activities.
What measures has the Brussels government taken to support businesses affected by the construction of Metro Line 3?
Eligible businesses must demonstrate a significant loss of income linked to the construction with the compensation amount varying based on the level of loss incurred. Affected traders will need to apply through a designated process providing documentation of their income before and after the construction started as well as proof of the impact. The scheme will be managed by a government department or agency responsible for evaluating applications and disbursing funds also offering support to traders during the process. This initiative aims to alleviate financial hardship faced by traders helping to sustain local businesses preserve jobs and support the local economy during the construction period. It reflects the government’s commitment to balancing infrastructure development with the needs of local communities ensuring that the metro line 3 project progresses while minimizing negative effects on the local trading community.
Brussels Unveils €16.43M Support Package for South Palace Businesses Impacted by Metro Line 3 Construction
The Brussels government has given the green light in the first stage for the decree to help the businesses at the South Palace. Barbara Trachte the State Secretary for Economic Transition shared this news. The main ideas of the decree were already agreed upon in March and the final approval will come in the next session. The South Palace will undergo some changes due to the metro line 3 construction and the government aims to fairly compensate the businesses for any income loss during the unwanted closure. They are considering the different situations and types of businesses as much as possible.
The new measures to help the businesses at the South Palace affected by the construction works have been proposed. The compensation amount will be determined based on factors like the company’s rent profitability and the number of employees. The support and compensation plans have been developed for businesses near the South Palace in collaboration with the city of Brussels Saint-Gilles municipality and relevant regional authorities. These measures are outlined in a Toots Thielemans Convention, replacing the current agreement starting from early 2025 totaling 16.43 million euros.
