The Port of Dubrovnik is one the verge of a new passenger terminal in a 94 million Euro investment after preliminary contracts were signed this week. Construction on the new terminal is planned to start in the autumn of this year and should be completed by 2018.
Dubrovnik International Cruise Port Investment and the Dubrovnik Port Authority signed a contract on Monday the 15th of February for the project. Dubrovnik International Cruise Port Investment is a joint venture with the Turkish company Global Ports Holding and the French Bouygues Batiment International.
Apart from a new passenger terminal in Dubrovnik busiest port the new project includes a shopping centre as well as a new international bus terminal.
The Dubrovnik Port Authority began looking for a strategic partner for the terminal in September 2014 and last autumn accepted the only offer, submitted by Dubrovnik International Cruise Port Investment. This consortium offered almost 94 million Euros and was granted a 40-year concession on the port for which they will spend 25 million Euros in concession fees.