GOLF PARK PROJECT Investors Initiate Arbitration, Mayor Calls It 'Pressure on the Administration and Croatia'

Author(s): Olja Ljubišić Photographer(s): Golf Dubrovnik
Elitech and Razvoj golf, investors in Golf Park Dubrovnik Project, initiated arbitration at the International Centre for Settlements of Investment Disputes. 

Dubrovnik Neretva County Perfect Nikola Dobroslavić and Mayor of Dubrovnik Mato Franković condemned initiation of the arbitration at the International Centre for Settlements of Investment Disputes.

Investors turned to international court due to alleged blockage of the Gold Park Dubrovnik Project.

 Dubrovnik Neretva County Perfect Nikola Dobroslavić and Mayor of Dubrovnik Mato Franković assure they are not opposed to the project if the environmental impact studies show there is no danger to plateau of Srđ.

'The laws are very clear in Croatia and every project must prove it's environmental friendy in order to be acceptable to both the City and the citizens. To make such a move before final assessment of the Environmental Impact Study can be seen as preassure on both the administration and Croatia,' Franković said. 

Dobroslavić and Franković condemn the action of investors as the Environmental impact study is still in the process. 

comments powered by Disqus

Most Popular