Croatia publishes invitation for letters of interest in Muzil complex

The State Property Management Office (DUUDI) on Friday published an invitation to potential investors to express interest in the Muzil development project, named after an island off Pula, the deadline for the expression of interest being December 6.

The invitation was published in line with a government decision made this October. The project envisages the construction of tourist accommodation facilities with 2,270 beds, a beach complex, an 18-hole golf course, a marina with 380 berths, a cultural and congress centre and residential units.

The value of the project's tourism segment alone is estimated at 150-200 million euros. The investor is expected to be selected the same way it was selected for the Kupari tourism complex.

The Public Call for Expression of Interest for Implementation of the Project MUZIL peninsula states that the project will be implemented in such a way to grant a 99-year concession to carry out construction or renovation work on land units designated for that purpose, a 99-year right of usufruct on land units not designated for that purpose, and publish a public tender to award a licence to use the complex's coastal stretch.

The Muzil peninsula is the site of a former Yugoslav military recruitment centre in Pula. The centre spreads over some 170 hectares of land in the westernmost part of the Bay of Pula and constitutes the central part of the Pula riviera. The entire area consists of a large number of land units owned by the state and the City of Pula.

Letters of interest may be submitted by domestic and foreign legal and physical persons and they may request documentation related to the properties at Muzil via e-mail. When collecting the documentation, they must provide proof of the payment of a HRK 15,000 fee.

Last update: Sat, 07/11/2015 - 18:14
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