Kinderdijk windmills face possible bankruptcy

4th June 2012, Comments 0 comments

The Kinderdijk windmills, a UNESCO World Heritage Site, faces possible bankruptcy. According to Dutch public broadcaster NOS, the famous windmills are battling with a shortfall in its budget of 900,000 euros.

The foundation which runs the popular tourist attraction says it is not a case of financial mismanagement. Nevertheless a number of wrong decisions have been made and some projects will not go ahead. The costs of restoring 15 of the 19 windmills on the dike is not fully covered by donations made to the foundation.

The foundation hopes to find donors to put money in the windmills and it plans to increase entry prices to tourists. The foundation says, entry prices are “too low to meet the costs”.

The Kinderdijk windmills are to be sold in mid-June for a symbolic price of one euro to the local council New-Lekkerland. That means that the council will act as guarantor for the windmills for a sum of one million euros.

The windmills were added to the UNESCO World Heritage List in 1997, it is the highest concentration of historic windmills anywhere in the world.


© Radio Netherlands Worldwide

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