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EC to ensure EUR 1.55 million for infrastructure in Sibenik business zone

Sibenik business zoneSIBENIK, Dec 6 (Hina) - A consortium consisting of the MIAB companyfrom the coastal city of Sibenik and the Cetina company from Sinj onTuesday signed a contract with the European Commission's Delegation oninfrastructure construction in the Podi business zone in Sibenik. TheEuropean Union will finance the project with 1.55 million euros, an ECDelegation official, Zoran Kostic, said in Zagreb on Tuesday.
SIBENIK, Dec 6 (Hina) - A consortium consisting of the MIAB company from the coastal city of Sibenik and the Cetina company from Sinj on Tuesday signed a contract with the European Commission's Delegation on infrastructure construction in the Podi business zone in Sibenik. The European Union will finance the project with 1.55 million euros, an EC Delegation official, Zoran Kostic, said in Zagreb on Tuesday.

MIAB owner Mate Buric said the works would start in mid-January.

All infrastructure facilities in the zone should be completed by the autumn 2006.

The city of Sibenik will finance the project with seven million kuna (approx. 945,000 euros) and the Croatian Economy Ministry with three million kuna (approx. 400,000 euros).

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