Damac explores investments opportunities in Croatia

Mubasher: The chairman of DAMAC International, Hussain Sajwani, said that his discussed with the Croatian President, Kolinda Grabar-Kitarović, many investment opportunities that Croatia presents, according to a press release.

“Croatia continues to become a hot spot for tourists from all over the world, while providing a business-friendly environment that is attractive to foreign companies,” said Sajwani.

“Croatia offers a wide range of travel options that present numerous investment prospects in sectors like coastal residential development, hospitality, leisure, sports and entertainment, as well services targeting inbound visitors. Its ability to continue to attract increasing visitor numbers demonstrates the country’s appeal to a broader traveller base by providing unique experiences, as well as a stable political, economic and social setting that encourages foreign direct investment,” he added.

The company said in its statement that Croatia is becoming a hot spot destination for global tourists, thanks to its impressive coastline on the Adriatic Sea.

“Travel and Tourism continues to be a key contributor to its GDP, accounting for approximately 10.1% in 2016, according to the World Economic Forum’s The Travel and Tourism Competitiveness Report 2017.

Mubasher Contribution Time: 12-Jul-2017 21:36 (GMT)
Mubasher Last Update Time: 12-Jul-2017 21:36 (GMT)