Zadar Hayat Hotel Construction Site to Open Next Week

January 20, 2023 – If you’ve been following any investment news over the past few months, you’ll know that Croatia’s first Hyatt hotel, a luxury investment by the Turkish Dogus Group worth around 120 million euros, is on. the horizon. Along with the new Zadar Hyatt hotel, a residential complex is planned to be built on the site of the former Marasca factory.

As Poslovni Dnevnik writes, just four months after Turkish President Erdogan’s official visit to Croatia, a group of Turkish businessmen is in the heart of Zagreb. The two Turkish companies are mainly from the construction sector, as they are involved in the renovation of a major Zagreb hospital and the building of the Ministry of Foreign Affairs. Turkish business owners are also investing in tourism in Croatia, and next week they will break ground on a new luxury hotel in Zadar, HRT reports.

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“Next week in Zadar we have the inauguration of the Dogus Group’s new tourist complex construction site and we want to strengthen our tourism cooperation with it,” emphasized Turkish Ambassador to Croatia Yavuz Selim Kiran. New Zadar Hyatt Hotel.

It’s not just the upcoming Zadar Hyatt hotel that has a Turkish signature, one of the biggest Turkish construction companies is also busy renovating Zagren’s KBC Sestre Milosrdnis/Sisters of Charity Hospital.

“Six hospital buildings are now under reconstruction, which we intend to restore in 23 months, and we hope to find more new jobs on the buildings damaged during the Zagreb earthquake,” said Akfen Construction Deputy Project Manager Mustafa Kener Ulukaya.

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The building of the Ministry of Foreign Affairs is also being renovated by the Turks. “We want to be a good partner for Croatia as a member state of the European Union and to be involved in other public projects,” said Tugrul Turgut, Feka Constructions project manager.

Trade between Croatia and Turkey is currently very modest, but some domestic companies have entered the Turkish market, which represents 85 million people.

“Our dominant export is scrap iron, which accounts for about 50 percent of Croatia’s exports to Turkey, we also have oil derivatives and chemical industries,” pointed out Tomislav Rados, Vice President of Industry and Sustainable Development of the Croatian Chamber of Commerce.

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A metal processing company from Rijeka is also looking for a partner in Turkey. “We work according to the customers’ wishes, they send us the designs they want and we export it,” explains Marin Mycetic, director of Metalobrada from Rijeka.

After the Turkish ownership of Petrochemija from Kutin, their business in Croatia is expanding, so the idea of ​​opening a representative office of the Croatian Chamber of Commerce in Turkey is gaining more support as time goes by.

For more details, be sure to check out our exclusive news section.


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