Chinese company invests in Croatia

 

The Croatian government has sold Hotel Zagorje in Kumrovec, a former political school 60 km from the capital Zagreb, to the only bidder, Zhongya. For 14.1 million kuna (US$2.1 million) the buyer has pledged to develop congress and health tourism at the location.

The plan is to build a four-star hotel that is both a congress centre and health tourism destination for European and Chinese visitors.

The company plans to build a traditional Chinese medicine centre in the mountainous resort of Krapinske Toplice in the Nnorth, as part of a €20 million (US$22 million) investment programme. The centre will be located at the site of an existing hotel, which the Chinese investor recently bought and plans to renovate.

Other plans include a new hotel in Krapinske Toplice, and a nursing home for elderly people in an, as yet, unknown destination.

Zhongya has also bid to operate Croatia's Osijek airport. The government in Zagreb controls 55% of Osijek airport, while the remaining 45% is owned by the government of Osijek-Baranja county in north-eastern Croatia, where the airport is located.

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