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Damac sees 'strong' opportunities in Croatia

Damac International chairman Hussain Sajwani sees 'strong investment opportunities' in Croatia and said its tourism sector can attract stronger FDI and drive further GDP growth in future.
Sajwani met Croatian President Kolinda Grabar-Kitarovic following a tour of the country where he visited a number of cities popular among tourists along Croatia's scenic Adriatic coast.
"It was a pleasure meeting with President Grabar-Kitarovic. We discussed the many investment opportunities that Croatia presents, as it continues to become a hot spot for tourists from all over the world, while providing a business-friendly environment that is attractive to foreign companies," said Sajwani.
He said Croatia offers a wide range of travel options that present numerous investment prospects in sectors like coastal residential development, hospitality, leisure, sports and entertainment, as well services targeting inbound visitors.
"Its ability to continue to attract increasing visitor numbers demonstrates the country's appeal to a broader traveller base by providing unique experiences, as well as a stable political, economic and social setting that encourages foreign direct investment."
Damac continues to explore expansion opportunities in gateway cities and travel destinations across Europe, following the success of its 50-storey Aykon London One residential development in the United Kingdom, which has already pre-sold over 45 per cent. Aykon London One is set to become one of London's most prestigious addresses and the first in Europe to be designed in partnership with Versace Home. - business@khaleejtimes.com