Politics

Government Declares Two Seaside Resort Projects Strategic Investments

By 30 June 2022
Government Declares Two Seaside Resort Projects Strategic Investments
Image: Marina Frapa Rogoznica Facebook

ZAGREB, 30 June 2022 - The Croatian government on Thursday declared the "Marina Cavtat & Resort" project, estimated at HRK 625 million excluding Value Added Tax, and the "Frapa Resort Medine" project, estimated at HRK 1.04 billion including VAT, to be investments of strategic importance.

"Marina Cavtat & Resort" is a project to be developed on 6.4 hectares in the coastal town of Cavtat, southernmost Croatia. The project consists of a future five-star hotel with 260 accommodation units, that is with 900 beds.

Upon its completion, the resort will hire 250 permanent workers and 150 seasonal workers.

The "Frapa Resprt Medine" project in the coastal town of Rogoznica envisages the construction of a five-star hotel with over 300 beds, and spa facilities.

Furthermore, the whole resorts will offer up to 700 beds on aggregate, and will include villas, and other accommodation facilities within the resort.

Upon the implementation of the project, 110 permanent workers will be hired in the resort, plus 50 seasonal workers.

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