Sunday, 28 February 2021
In just over three years, the City of Dubrovnik has managed to acquire over one billion Kuna in non-refundable EU funds Grad Dubrovnik

In just over three years, the City of Dubrovnik has managed to acquire over one billion Kuna in non-refundable EU funds

By  The Dubrovnik Times Jan 13, 2021

Despite the numerous negative effects of the Covid-19 pandemic, which especially effected areas whose economy is strongly dependent on tourism, the City of Dubrovnik in 2021 entered into 2021 financially stable, with a basis for the completion of started projects and also the realization of new investments, writes the City of Dubrovnik.

In just over three years, the City of Dubrovnik has managed to acquire over one billion Kuna in non-refundable European funds, which has ensured the financing of extremely large and complex capital projects, such as the 70 million Kuna reconstruction and expansion of the Lapad coast with the work expected to start in April.

An EU project for the development of the water supply and drainage system, worth 881,208 Kuna is an investment that Dubrovnik has been waiting for decades. A total of more than 70 kilometres of pipelines in the wider area of Dubrovnik will be built and reconstructed, as well as numerous facilities, including a new wastewater treatment plant in Lapad. The costs of building a functional drinking water purifier in Komolac will also be refinanced through this project.

Eleven new MAN public transport buses are arriving on city roads before the start of the tourist season, and this is also an investment that does not require financial participation from the City of Dubrovnik, but is fully covered from the EU and national sources.

"Dubrovnik has been unjustifiably associated with the epithet of an economic Eldorado for years, which never corresponded to the truth and ultimately only harmed us. Responsible and rational management of public money should be judged in times of crisis, not, in times of prosperity," stated the Mayor of Dubrovnik, Mato Franković, emphasizing that the City has maintained the stability and continuity of development projects throughout the Covid-19 crisis.

The City of Dubrovnik will continue to attach great importance to extra-budgetary funds in the coming period, so a number of projects have been prepared and ready for funding through the European Union's Recovery and Resilience Mechanism. Among them are the animal shelter, the retirement home near the Dubrovnik General Hospital, the school in Mokošica, and also the new multi-functional sports hall in Gospino polje, a project that was recently presented to the public.

 

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