Damac explores tourism opportunities in Croatia

Published on : Friday, July 14, 2017

Damac explores tourismDuring a meeting with Croatian President Kolinda Grabar-Kitarović in Zagreb, Dubai-based Damac International chairman Hussain Sajwani discussed about tourism investment opportunities in Croatia.

 

Sajwani had a tour of the country, after the high-level meeting. He visited a number of cities popular among tourists along Croatia’s scenic Adriatic coast.

 

Sajwani said, “It was a pleasure meeting with President Grabar-Kitarović. We discussed the many investment opportunities that Croatia presents, as it 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.”

 

He added, “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.”

 

For global tourists, Croatia is fast becoming a preferred destination, 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 per cent in 2016, according to the World Economic Forum’s Travel & Tourism Competitiveness Report 2017.

 

Damac has delivered more than 18,500 homes and has over 44,000 units in various stages of development.

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