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Zagreb’s ‘Silicon Valley’ Gets Green Light

CroatiaZagreb’s version of ‘Silicon Valley’, or Zagreb Technology Park as it is official known, has finally after six years of debate been given the green light to go ahead from the Ministry of Regional Development and the City of Zagreb, reports Poslovni dnevnik

The long-awaited Tech park, which will apply for EU funds to help with its construction, is planned for the western part of Zagreb’s Velesajam located just over the Sava river and will be one of the biggest, if not the biggest, in the region. Zagreb’s ‘Silicon Valley’ will be spread out over 20,000 square metres of land, more than twice the size of Serbia’s ‘Silicon Valley’. The project is estimated to cost around 30 million euros, with 75% covered by EU funds.

“We are now in a race against time to prepare documentation by April, in order produce a feasibility study, and by the end of 2014 we will apply for EU funds for the infrastructure,” says Frane Šesnić, director of the Zagreb Development Agency.

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