The ongoing coronavirus pandemic has seen many a previously planned investment grind to a halt not only here in Croatia (where investments are tricky enough) but across the world. Thankfully, that isn’t the case for all of them, and the cash injection for the brand new Korcula Port is just one which is set to go ahead on the popular Dalmatian island.
As Morski writes on the 24th of June, 2020, the Ministry of Maritime Affairs, Transport and Infrastructure has made a decision on financing the project governing the new Korcula Port, more precisely the new Port of Polaciste in the amount of 182.6 million kuna.
This covers 100 percent of all of the eligible project costs with a total value of 189.7 million kuna, of which 155.2 million kuna (or 85 percent in total) has been financed from the Cohesion Fund, and 27.4 million kuna (or 15 percent) comes directly from the state budget of the Republic of Croatia.
The new Korcula Port (Port of Polaciste) will be a port which is open to public traffic and is a maritime construction facility which will possess the function of accepting vessels in maritime traffic. It covers more than 500 metres of operational shoreline, and the entire port will cover a little more than 20 thousand square metres in total. The construction of the new Korcula Port will relieve the core of Korcula Town of some of the crowding. It has so far been under pressure from maritime traffic, especially during the busy summer months when tourists are abundant.
The port will be primarily intended for the reception of ferries operating within local traffic lines such as Peljecac – Korcula, as well as for the reception of other vessels operating within domestic regular traffic. A maritime border crossing is also planned within the port.
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