Public sector invested €660m in Adriatic islands in 2018 and 2019

NEWS 02.03.202117:50 0 komentara
otok Galešnjak
Filip Brala/PIXSELL

Parliament will debate seven bills this week including a report on investments in island development during 2018 and 2019, a topic which will be on the agenda on Wednesday.

In 2018 and 2019 the government and public sector invested more than 5 billion kuna (€660 million) for the development of islands, mostly in grants, notes the report on the results of implementing the Islands Act in 2018 and 2019.

More and more money is being invested for island development and in 2018 more than 2 billion kuna (€264 million) was invested which is 20 percent more than in 2017.

In both the years concerned, the majority of money was channeled through the Ministry of Regional Development and EU Funds, totalling 1.3 billion kuna (€171 million).

Korcula Island had 70 projects in 2018 implemented, more than any other island.

Broken down by counties, Primorje-Gorski Kotar, Split-Dalmatia, Dubrovnik-Neretva and Zadar counties received the most funding  for island projects in those two years. Investments were made in capital projects, incentives for public road transport on the islands, and in water supply projects as well as investments in the enterprise sector.

Parliament will also discuss legislative amendments that will enable so-called digital nomads who have been granted temporary residence in the Country to get health insurance benefits.

(€1 = 7.57 kuna)

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