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MINISTERS PRESENT CONSTRUCTION OF COMMERCIAL FLEET IN SHIPYARDS

Autor: ;LMLI;
SPLIT, Sept 8 (Hina) - Croatia's biggest shipping company Jadrolinija will in the next three years write off ten of its old ships and construct ten new ones in Croatian Adriatic shipyards, Maritime Affairs, Transport and Communications Minister Alojz Tusek and Economy Minister Goranko Fizulic said Friday presenting the construction of commercial vessels in Split, organised for representatives of all shipyards and reporters.
SPLIT, Sept 8 (Hina) - Croatia's biggest shipping company Jadrolinija will in the next three years write off ten of its old ships and construct ten new ones in Croatian Adriatic shipyards, Maritime Affairs, Transport and Communications Minister Alojz Tusek and Economy Minister Goranko Fizulic said Friday presenting the construction of commercial vessels in Split, organised for representatives of all shipyards and reporters. #L# The value of the ten new ships is a billion kuna (US$119 million) and will be completed by the year 2003. Jadrolinija must renew its fleet, for its vessels are more than 40 years old. This project must receive a green light from the Government, in which we do not doubt, and we are convinced the Government will issue guarantees for their construction. All the planned vessels are primarily to be used to connect the mainland with islands and islands among themselves, Tusek said. In the second phase of Jadrolinija's project bigger ferries for along-the-coast sailing will be constructed, and the third would involve so-called floating hotels. Fizulic stressed offers with precise deadlines and prices are expected to be submitted by Croatian shipyards over the next few days. The state budget, Fizulic said, would not be burdened with the construction of the first 10 new ships for Jadrolinija. Subsidies of only nine per cent are expected in the first three years of the project. The project on the construction of ten new ships in the following three years should be financed exclusively through loans, with Government guarantees. Only from the start of 2004 until 2013 the Government should finance the construction of new vessels, with a total of US$15 million annually. The ships, Tusek and Fizulic said, would most probably be constructed in the Kraljevica, Treci maj, Brodosplit and Brodotrogir shipyards. The Pula-based Uljanik shipyard would not be considered in the arrangement due to its full capacities being engaged in projects for the next several years. (hina) lml

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