Minister Nikolina Brnjac Announces 1.25 Billion Kuna Payout for Tourism

Lauren Simmonds

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As Poslovni Dnevnik writes, the Ministry of Tourism and Sport has opened an e-consultation on a public call/invitation for grants entitled “Strengthening the competitiveness of enterprises and encouraging the green and digital transition of the tourism sector”, worth 1.25 billion kuna, it was announced on Saturday.

Minister Nikolina Brnjac said that the aim of the call was to direct as much money as possible to tourism companies, meaning that a significant 60 percent of the total amount provided for tourism under the National Recovery and Resilience Plan (NPOO), or 1.25 billion kuna, is intended directly for investments in the private investment.

“Of that, 1.02 billion kuna is intended for high value-added investment projects such as accommodation facilities and accompanying facilities such as theme and amusement parks and other innovative content in tourism, which will truly transform the Republic of Croatia into a year-round tourist destination,” explained Minister Nikolina Brnjac.

She also noted that all interested parties (enterprises, companies) will be able to apply for the public call/invitation under equal conditions, but also that the criterion for selecting projects will be their quality and readiness for implementation, since the deadline for using the funds is the end of 2025.

Given the last two pandemic-dominated years which had an unprecedented and extremely negative effect on the economy, and as such on travel and tourism which accounts for as much as 20 percent of the country’s GDP, announcements such as this one will provide an extremely welcome spring in the step of all those companies operating within the sector.

Consultation with the interested public on this public call will remain open until the end of this month, more specifically until the 27th of June, 2022.

For more, make sure to check out our dedicated business section.

 

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