Turkey's Dogus interested in Croatia's ACI marina operator

The Dogus Group would be interested in acquiring a controlling interest in the ACI chain of 22 marinas if the Croatian government put it on sale, the group's regional director, Burak Baykan, said at the Croatian-Turkish Economic Forum in Zagreb on Wednesday.

Responding to questions from the press, he said the Dogus Group was ready for any cooperation regarding those marinas. He said Dogus had 11 marinas in four countries and lots of experience in managing and developing them.

He recalled that Dogus was investing EUR 100 million in the repurposing of a building of the Maraska beverage company, saying documents were being collected to build a hotel with 130 rooms and various amenities.

Croatian Chamber of Commerce (HGK) president Luka Burilovic told reporters he was very pleased with the forum which brought together 600 participants, including 150 Turkish business people. He expects the talks to be held in the afternoon to bring concrete results, and welcomed the desire of the Turkish and Croatian presidents to raise annual trade from the current US$ 350 million to $1 billion.

"We are pleased with the political relations... but not with the current trade," he said, adding that Croatian exports to Turkey stood at $104 million, while imports were $244 million.

He said Croatia tourism and food companies had a big chance of succeeding in Turkey, while investors could look for opportunities in construction and infrastructure.

The HGK and the Foreign Economic Relations Board of Turkey signed a memorandum of understanding.

Last update: Wed, 27/04/2016 - 16:00

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