Deputy PM: Croatia becoming interesting investment destination


Deputy Prime Minister and Minister of Regional Development and European Union Funds Branko Grcic on Wednesday said at the opening of the Rexpo 2015 fair that Croatia was becoming more and more interesting as an investment destination.

“After six – seven years of deep crisis that affected the world, Europe and Croatia, we can say that we are on the threshold of serious recovery,” Grcic said, adding that this is also evidenced by Croatia’s 40th place in the World Bank’s Doing Business ladder.

According to Grcic, Croatia has made significant headway in most business segments which can be partially attributed to EU membership.

“Membership to the EU is certainly reflected in a new perception of Croatia which is becoming an investment destination. In the years ahead of us, Croatia will be more and more interesting and attractive to foreign investors,” Grcic said.

He added that positive trends could be felt in the construction sector which, as he said, after seven years of decline had finally emerged from the crisis.

Grcic mentioned several projects launched by the incumbent government like the Dubrovnik airport, preparations for the construction of the bridge to the Peljesac peninsula, and others. He added that these were very demanding projects that required at least three and a half years to prepare.

“I’m an eternal optimist and the past two years, particularly this last year, are evidence that my optimism was not in vain,” he said.

President Kolinda Grabar-Kitarovic’s economic adviser, Nikica Valentic, said he hoped that investments as the main driver of growth of Gross Domestic Product (GDP), would be the focus of interest of the next government.

“The next government will be formedin about ten days and I hope it won’t forget the importance of investments,” Valentic said.

Rexpo 2015, is the fourth edition of an international fair of investment projects and is a forum to contract jobs, present projects and for key business factors to meet. The event is being held under the auspices of the President Kolinda Grabar-Kitarovic, the Economy Ministry, Ministry of Regional Development and EU Funds, Tourism Ministry and the City of Zagreb, and is being supported by some major Croatian companies and institutions.