The Globe and Mail reports in its Wednesday edition that Magna International is likely to be granted a construction permit to build a paint factory in Slovenia in October, Slovenian Minister of Economy Zdravko Pocivalsek told reporters on Tuesday. A Reuters dispatch to The Globe reports that Slovenia is hoping to secure investment from Magna that would create 400 jobs and be the first phase of a potential $1.8-billion program to create a total of about 6,000 jobs over the coming years. Expansion is planned to include a car factory with the capacity to assemble 100,000 to 200,000 vehicles a year, making it one of the largest investment projects in Slovenia to date. In January, Magna revealed plans to build the factory. Mr. Pocivalsek said the August approval of the investment by the Slovenian Environment Agency came into force on Tuesday after no appeals were filed. Slovenia is rushing to enable the investment, one of the largest in the country so far, because Magna has said it might build a paint factory in Hungary if Slovenia does not give it the necessary approvals soon. Magna was not available for an immediate comment. Magna is the world's third biggest car parts manufacturer.