Preliminary contract signed for Dubrovnik passenger terminal

Construction of the Gruz passenger terminal in the southern Adriatic city of Dubrovnik, worth EUR 93.7 million, is expected to begin this autumn and wrap up by the end of summer 2018, it was said in Zagreb on Monday at the signing of a preliminary contract on the construction and use of the terminal.

The contract was signed by Dubrovnik Port Authority chief Antun Asic and representatives of the concessionaire for the terminal - Dubrovnik International Cruise Port Investment executive director Saiygin Narin and a member of the Dragos company's Board, Victor Stefanescu.

Aside from a terminal for cruise ship passengers, Gruz will include a mall and a domestic and international bus station, among other things, it was said.

The Dubrovnik Port Authority began looking for a strategic partner for the terminal in September 2014 and last autumn accepted the only offer, submitted by Dubrovnik International Cruise Port Investment d.o.o. Zagreb, which was founded by Turkey's Global Ports Holding and France's Bouygues Batiment International S.A. They offered EUR 93.7 million and were given a 40-year concession during which they will pay EUR 25 million in concession fees.

Asic said the the terminal's passenger capacity was expected to be more than 10,000 daily and more than the 4,000 who first boarded ships or liners in Dubrovnik. He said the Port Authority was negotiating and cooperating with the local airport, whose new terminal is also to be completed in 2018.

Narin said they were very pleased that the project had continued with Croatia's new government. We are a company backed by one of the most important international companies for the development and management of cruise ports, managing ports in Barcelona, Lisbon, Malaga, Singapore and several Turkish ports, he said, adding that cooperation with the Dubrovnik authorities and partners was more than good.

Last update: Mon, 15/02/2016 - 18:46

More from Croatia

Stier for more active OSCE role in SE Europe

Attending the 23rd OSCE Ministerial Council in Hamburg on Thursday, Croatia's Foreign and European Affairs Minister...

Croatian President: Officials should refrain from commenting on Constitutional Court's work

Reacting to a statement by Interior Minister Vlaho Orepic that the Constitutional Court's judges were the biggest...

Kiowa Warrior military helicopters presented

Sixteen Kiowa Warrior military helicopters, procured as part of a project to equip the Croatian Armed Forces with...

EC requests Croatia to amend excise duty on ethyl alcohol

The European Commission on Thursday requested Croatia to amend the reduced excise duty rate for small producers of...

Ambassador Del Vechio says Bosnia's stability is Croatia's key interest

Croatia strongly supports the stability and integrity of Bosnia and Herzegovina and it will do everything in its...