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AGREEMENT ON CONCESSION TO ESTABLISH BJELOVAR FREE ZONE SIGNED

ZAGREB, Feb 11 (Hina) - Another free zone will be opened, in Bjelovar, after Economy Minister Ljubo Jurcic and Bjelovar Mayor Djurdja Adlesic on Tuesday signed an agreement on granting a concession for its set-up.
ZAGREB, Feb 11 (Hina) - Another free zone will be opened, in Bjelovar, after Economy Minister Ljubo Jurcic and Bjelovar Mayor Djurdja Adlesic on Tuesday signed an agreement on granting a concession for its set-up. #L# Apart from the possible employment of some 300 people in the zone, which will spread across more than 221,000 square metres, the project also provides an opportunity for some 150 new jobs outside of the zone. The concession holder is the Poslovni Park Bjelovar d.o.o. company, established by the town. Adlesic said that the free zone would bear significant advantage in its position, since it will be located along the Zagreb-Osijek highway. Additional value is given to it by the fact that Bjelovar is not only in the vicinity of Zagreb, but also Croatia's borders with Hungary and Bosnia. Some 11 million kuna (EUR1.5 million) will be needed to realise the project. Explaining the necessity for opening new free zones, Jurcic said that some 50 million US dollars had been invested into the opening of a dozen free zones by the end of 2002, and 3,000 people had been employed in them. The Vukovar Free Zone will be opened on Friday. This zone is a model of engaging production resources and areas of special government concern, said the minister. (hina) lml

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