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Croatia to invest in energy sector

A group of representatives from the government, trade unions and employers have put forward a plan to invest £8 billion in the country's energy sector, it has been reported.

The national economic and social council announced the plans for the investment to be carried out until 2020, to boost the country's economy, according to eubusiness.com.

The three main goals of the strategy have been defined as self-sufficiency, competitiveness and sustainability.

Ivica Mudrinic, head of the group, told the source the plans include investment worth eight billion pounds in the country's energy sector.

"This is a great opportunity for Croatia's economy," he added.

It is suggested the plans include the construction of new power plants, to meet the rising demand for electricity, which is expected to increase by 20 per cent by 2020.

Croatia plans to publish international tenders as it sells its shipbuilding industry in November, according to Forbes.com. ADNFCR-1197-ID-18837140-ADNFCR

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