January the 1st, 2025 – The Croatian Government has devised an investment attraction plan which will remain in function until the year 2030.
As Poslovni Dnevnik writes, just last week, the Croatian Government adopted the National Investment Promotion Plan for the period up to 2030. It also adopted the Action Plan for the implementation of the National Investment Promotion Plan for the period up to 2026.
What the Croatian Government has done, in layman’s terms, is draw up and put into function an investment attraction plan. That plan is envisaged as part of the reform included in the National Recovery and Resilience Plan for the years 2021-2026.
It is expected that this new document will ensure the coherence and coordination of policy implementation in various public administration bodies and institutions dealing with the promotion and facilitation of foreign investment.
The Croatian Government drew up the investment attraction plan in order to maximise the effects of investment on productivity and job creation nationwide, as well as to contribute to more balanced regional development. The latter has been a burning issue as extreme inequality in different parts of the country appears to be forming a wider and wider chasm.
Looking at these aims slightly more deeply, it seems that the National Plan contains a medium-term vision for the development of a strategic framework for investment promotion. The Action Plan, on the other hand, contains a detailed elaboration of the measures implemented to achieve the specific objectives of the national plan.
The necessary funds have been outlined and provided for each measure. The funds needed for the bodies set to implement things and deadline for said implementation have also been set aside.
