Home » Latest » Swiss to Invest 1.5 Billion Euros to Develop Suburb in Šibenik

Swiss to Invest 1.5 Billion Euros to Develop Suburb in Šibenik

CroatiaSwiss company TFI Holding are to invest more than 1.5 billion euros in the Dalmatian town of Šibenik, reports HRT

The new sub division will see apartments to house 2,500 people built, and will include everything from shops and cafes, to doctors, and a kindergarten. The expansion of the suburb Zablaće, which will also see a hotel and villas built, is not just intended for tourism, but as a permanent settlement. The Swiss are set to start construction of the development in Zablaće, which is situated 8km south of Šibenik, as soon as consent is issued from local government which is expected at the end of this year.

Share on:
0 / 5 (0 votes)

Sign up to receive the Croatia Week Newsletter

Related Posts

Krka National Park Offering Half-Price Entry for April Weekends

One of Croatia’s most beautiful National Park’s will be heavily discounting entry tickets in the month of April. Krka National Park, which had over one million people visitors in 2016, will from 1 April 2017 introduce promotional prices. Every Saturday and Sunday during April individual adult tickets to the National Park will cost 50 kuna,...

Croatia Records 1 Million Tourist Overnights from UK in 2017

According to the latest data from eVisitor, Croatia saw 190,479 arrivals and 885,166 overnight stays since January. Compared to the same period last year, the number of arrivals has increased by 36.74 % and the number of overnight stays by 37.14 %. (June 19, 2017 – London, UK) British visitors in Croatia peaked this year...

The New York Times Names Croatia the Hottest Destination this Summer

The New York Times have named Croatia the hottest destination this summer. The New York Times say that in 2017 more Americans are travelling abroad than they did last year with bookings and sales up between 10 and 30%. American Express Travel, a network primarily for leisure travelers, say that international travel is up 26%...

International Chocolate Award for Croatian Chocolate

Handmade chocolate from Dalmatia has picked up recognition at the prestigious International Chocolate Awards 2017 European Bar Semi-Final Competition, which was judged in Amsterdam. Nadalina’s RAW chocolate has won the bronze medal in the High % plain/origin dark chocolate bars (85% and over) category at the awards which focuses on cacao origins, varieties, and chocolate...

Chakula: The First Homemade Macaroni & Wine House on Korčula

Restaurant ‘Chakula’ are set to open their doors soon as the first dedicated homemade macaroni & wine house on the Croatian island of Korčula. The southern Dalmatian island of Korčula has a reputation for some of the finest homemade macaroni pasta in the country. The traditional art and skill of making Žrnovski makaruni, macaroni from...