ZAGREB, 24 March 2022 - Physical Planning and Construction Minister Ivan Paladina and the director of the Zagreb-based KBC - University Clinical Hospital, Ante Ćorušić, on Thursday signed an agreement on the €70 million "Stage III" reconstruction project of this hospital.

A new multi-purpose building will be constructed within the existing hospital compound and the funds earmarked for the construction and reconstruction has been secured with a loan from the World Bank. 

The new hospital will be over 27,800 square metres large, and will have eight floors with an open parking lot on five levels and an emergency heliport.

Paladina underscored that the project is an example of quality and concrete cooperation between the KBC hospital, the competent ministry and expertise.

"When we have a clear common objective and when everyone involved in the project gives a maximum contribution then things function. This is in fact a positive example of what we want to apply to all other post-quake reconstruction procedures with an even greater active participation of the state and profession, and citizens themselves," Paladina said.

Ćorušić underscored that Stage III is part of a strategic document for the KBC's development for a ten-year period and that in 2018 a feasibility study had already been conducted regarding the relocation of the Šalata Hospital to the Rebro KBC.

The project was delayed because of the earthquake but now we have obtained a World Bank loan of $81.8 million and an additional €25 million through the National Recovery and Resilience Plan, said Ćorušić.

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ZAGREB, 28 June 2021 - The APN Real Estate Agency processed all 4,739 applications for home loan subsidies submitted in the sixth call, approving 4,464 and requesting additional information for 236, the Physical Planning, Construction and State Assets Ministry said on Monday.

Nine applications were rejected and 30 persons scrapped their applications, the ministry said, adding that a new call was planned for next year.

Applications could be submitted from 29 March to 14 May. The average amount of a subsidised loan is €76,000, the average repayment period is 22 years, and the average age of the beneficiary is 32.

Effective interest is 2.17% on average, while the nominal interest rate is 2.8% annually.

The average monthly annuity is about €380, of which the monthly subsidy is about €127.

Applications in the sixth call could be submitted by persons under 45 who don't own a flat or a house.

The amount of a subsidy depends on the index of development of the area in which a property is being bought or built and ranges from 30 to 51% of the loan.

The Ministry said home loan subsides were also a demographic measure as they were extended for two years for every child born or adopted during the loan period. Subsidies are also extended for another year for every child in the family not older than 18 when applications are submitted.

Since 2017, when home loan subsidies were introduced, 22,010 have been approved, for which HRK 430 million from the state budget has been set aside.

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