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9th int'l conference on real estate market begins

ZAGREB, April 9 (Hina) - Complaints by investors that investments in Croatia are not safe are partly justified and the government wants to resolve this by creating a stable system which guarantees appropriate speed in administration and safety of the investment from conception to realisation, Construction and Physical Planning Minister Anka Mrak Taritas said on Tuesday.

We must define clear rules for investors which must not be changed during the realisation of an investment, she said at the 9th international conference on the Croatian real estate market.

Next week, her ministry will test the "e-planovi" and "e-dozvole" web portals, the first for information on physical plans and the second for building permit applicants so that they can follow the status of their applications.

The minister underlined the importance of physical planning and respecting physical plans.

Asked by the press what could be expected on the property market upon Croatia's European Union accession on July 1, she said there were about 20,000 unsold flats in Croatia at the moment and that later this month the state would launch a programme to help developers sell and citizens buy under favourable terms.

Mrak Taritas said the EU would also liberalise terms for designers and engineers.

The partner country at this year's conference is Great Britain. Ambassador David Slinn said that by joining the EU Croatia, like Britain and London last year during the Olympics, had a unique opportunity to draw international attention to itself.

The Olympics helped Great Britain's image, presenting it as a dynamic and creative society, and EU accession for Croatia is similarly a huge opportunity and a challenge, Slinn said, underscoring that for the first time in the enlargement era only one country would join, with the eyes of the international public focused on it at the beginning of July.

More than 100 participants in the two-day conference are discussing ways of launching investments, green construction, the role of EU funds, tourism, marinas, and golf projects, amongst other things.

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