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Kupari commission to open non-binding bids on Wednesday

ZAGREB, 7.3.2014.

The commission for non-binding offers for reconstruction of the dilapidated tourism complex "Kupari" near Dubrovnik will open the forwarded applications on Wednesday, after the deadline for submitting bids expires at Monday midnight, the state property management office (DUUDI), said on Friday.

Prime Minister Zoran Milanovic visited Kupari last Monday, saying that by the end of this spring the government would select the best bidder who would be given a 99-year-long concession to renovate and operate the tourist complex, once a holiday resort for the army.

The concessionaire is expected to invest several hundred million euros in this project and create 300 jobs.

The plan is to rebuild the existing complex of five hotels devastated during the 1991-1995 war and build new ones with a concession to be granted for 99 years. The hotels would have a total accommodation capacity of not more than 1,500 beds.

(Hina)

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