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THE REPUBLIC OF CROATIA • 2003<br />
GENERAL national economy, had 71,788 employees INFORMATION<br />
in 6,955 companies. The<br />
STATE AUTHORITY<br />
Building and<br />
BUILDING<br />
Construction<br />
AND CONSTRUCTION In 2002 the Croatian building industry, an important sector of the<br />
total value of construction contracts carried out abroad within the first nine months of 2002 amounted to USD<br />
131.5 m, 95.6% of which was earned in Europe.<br />
The program of Socially Stimulated Housing Construction has numerous positive effects on a whole range of<br />
economic operators (project engineers, building companies, industry of building material and other related<br />
industries) it is implemented with so-called public funds (state, towns and municipalities), loans from com-<br />
mercial banks and personal funds.<br />
In order to improve the accessibility of housing loans, Croatia has adopted legislation that enables a combined<br />
use of budgetary incentives and personal savings held in banks. Several building societies have been<br />
ECONOMY<br />
established as an important source of domestic earmarked long-term savings for which an annual budgetary<br />
premium is allocated.<br />
Large foreign companies have already penetrated the Croatian investment market. Since April 2001, two companies<br />
have been in charge of the management, building and maintenance of roads in Croatia: HAC-Croatian<br />
CULTURE<br />
SPORTS<br />
ADDRESSES<br />
CROATIAN SPECIALTIES<br />
Highways Ltd. and HC-Croatian Roads Ltd. Professional work related to concessions and supervised by the<br />
Ministry of Public Works, Reconstruction and Construction is conducted by Croatian Highways Ltd.<br />
Currently, construction of motorways is one of the major investment projects in Croatia. Building, maintenance<br />
and reconstruction of motorways is based on the Public Roads Construction and Maintenance Programme<br />
made by the Government of the Republic of Croatia.<br />
The two largest construction projects of HAC-Ltd. within the Programme are the Zagreb (Bosiljevo)-Split<br />
Motorway and the Zagreb-GoriËan Motorway.<br />
The completion of the Zagreb-Macelj section and of the Istrian Upsilon is planned to be carried out through<br />
concession agreements. The Zagreb-Split Motorway, in a length of 316.5 km, should be completed by 2005, and<br />
some of its parts even sooner, depending on the rapidity of construction.
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