Investments in tourism in Croatia this year are planned at a total of 13.6 billion kuna, of which the largest portion of investments will be realized this year and next year, with a smaller portion by 2009 or 2010.
This was shown by the results of a survey conducted by the Ministry of the Sea, Tourism, Transport and Development in January of this year. Of this amount, 4.8 billion kuna is allocated for investments in the City of Zagreb. The largest part of the investments in Zagreb will be directed towards infrastructure projects such as waste thermal treatment (1.26 billion kuna), communal infrastructure (1.18 billion kuna), wastewater treatment (598.3 million kuna), etc. Investments by hotel companies in existing facilities will amount to 99.9 million kuna, which refers to investments by HUP Zagreb in Hotel International (74 million kuna), investments by Hotel Sheraton in the renovation of accommodation units and common areas (14.8 million kuna), and the investment by Four Points Sheraton Panorama Hotel Zagreb in the economic and common areas of the hotel (11.1 million kuna).
The research showed that new tourist facilities by hotel companies in Zagreb will not be built this year. Following in terms of investment is Istria County, where a total of 2.47 billion kuna is planned for investment. Of this, investments by hotel companies in existing facilities will amount to 1.03 billion kuna, with Rovinj’s Maistra leading with investments of 647.8 million kuna in hotels Leone, Monte Mulini, and Park. Investments by hotel companies in new facilities amount to 1.04 billion kuna, of which as much as 1.03 billion kuna is allocated for the construction of the Hotel Kempinski Adriatic project. This new five-star facility, scheduled to open in 2008, will feature 22 villas with private heated pools, a conference center, a golf course, a marina, etc.
