Business

The Concession Value of the new Terminal in Dubrovnik is 750 Million Euro

By 28 June 2016

The terminal will be built by the French-Turkish consortium International Cruise Port Investment

Dubrovnik Mayor Andro Vlahušić announced on Monday that an international jury will pick the final solution among twenty received proposals for the terminal in Gruž port on Tuesday, Poslovni Dnevnik reported on June 28, 2016.

“An international jury will select a solution for the design of the future terminal in Gruž. Twenty proposals have been received, while one will be chosen tomorrow,” Vlahušić said at a City Council session.

The terminal will be built by the French-Turkish consortium Dubrovnik International Cruise Port Investment. It is composed of the French group Bouygues Batiment International, whose main focus is construction and the Turkish group Global Liman Isletmeleri A.S., specialised in development and management cruise and trade ports.

The future concession owner will use the area in Gruž port for 40 years, not only managing the space, but also building it first, with the investment valued at 93 million Euro.

Stretching for some 25,000 square metres, the cruise ship terminal, retail mall, 700 parking spaces and a new bus station will be placed. The value of the concession is estimated at 750 million Euro.

Construction is due to begin by the end of this year, with expectations of full functionality in 2019.

Dubrovnik Port Authority manager Antun Asić, Management President of Dubrovnik International Cruise Port Investment Arpak Demircan and Management member Dragos Victor Stefanescu signed in February at the Maritime, Transport and Infrastructure Ministry a pre-contract to the Contract on the Concession for Constructing and Using of the Passenger Terminal in Gruž, with the final deadline for contract signing in October 2017.

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