Addressing Parliament on a new bill proposing investment incentives, Vukelic said that over 12.5 billion euros had been invested in Croatia in the last 12 years, which ranked Croatia fourth among transition countries, with an average per capita investment rate of 2,500 euros.
Vukelic, however, drew attention to the lack of investment in production, which brings new technologies.
The proposed bill redirects incentives to production and development-oriented investments. It says that, unlike the existing law, both newly-established and the existing enterprises will be entitled to such incentives, and provides for six types of incentives, including tax and customs breaks. Special attention is paid to stimulating employment and further vocational training.