The Foundation of Greenfield Investments – Converting Inaccurate Institutional Spatial Data into Accurate Data

Converting inaccurate institutional spatial data into accurate data is the foundation of greenfield investments in Croatia, stated Blaženka Mičević, director of Agrodet, on the second day of the Lider conference ‘Greenfield Investments – How Dreams Become Reality’.

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Regarding the current state of space, the manner of previous space usage has shaped the space in reality, alignment procedures, property rights registration, and property-legal relations have not been conducted. Additionally, paper procedures for consolidation, land consolidation, land exchange, and land swapping have not been carried out.

– Decisions about space were made based on the state in reality, the space has changed, and the spatial data remained inaccurate. Investors cannot imagine that care has not been taken of the space for years, that accurate data has not been created, said Mičević, adding that the behavior of foreign investors is conditioned by what they see – they do not think about (im)possible limitations.

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She emphasized that the challenges in realizing investments include the availability of spatial data, the accuracy of spatial data, property-legal relations on the land, and the issue of land restitution. Therefore, investors enter investment planning with inaccurate institutional spatial data, resulting in unplanned and significant costs, delays, or the impossibility of realizing the investment.

– The state needs to recognize the overall issues of resolving the state of space and create teams for resolution through private companies, said Mičević.

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Looking at what the private sector can do in this regard, Mičević highlighted that her company Agrodet has designed the agrodesy project and that they use the latest technologies to be able to design for the investor as quickly as possible. They also use drone measurements, which allow for the recording of large areas for the needs of investors to correct the inaccurate data held by the state, create digital orthophoto images that show the actual state of the terrain, conduct soil analysis, and monitor construction.

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