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Key Competitive Attractions

Key Competitive Attractions:

• Access to a market of 650 million consumers
• In the last five years, Croatia has enjoyed high levels of investment in R&D activities.
• Croatia has been awarded EU candidate country status.
• Low operational costs
• Access to one of the world’s largest reserves of drinking water.
• There are significant investment opportunities in hydro and thermal power plants, and alternative energy production.
• The European Parliament announced that the year 2010 could be the time for Croatia to become a European Union member.
• There are 20 Business Zones and 13 Free Zones
• 6 Technology Parks and 11 Business Incubators have been developed in the territory
• A Life Sciences and Technology Park, facilitating activities in Biotechnology, Pharmaceuticals and ICT.

Labour Force:

• The Croatian workforce is effective, innovative and multilingual, which has been recognised by many foreign companies already settled in Croatia.
• A highly skilled workforce provides the foundation of well-developed high-tech and business services sectors.
• Over 92% of businesses operating in Croatia are ‘satisfied with the skills and the competence of the employees.’ (World’s Bank poll, 2005).

Infrastructure:

• Companies in Croatia benefit from a reliable, modern, high-quality infrastructure.
• Croatia constantly invests in its infrastructure to continue to deliver a competitive business environment by staying abreast of new technology developments.
• Croatia has six seaports, making it highly attractive for logistics and maritime activities, facilitating excellent trade with Asia, Australia and Oceania through the Suez Channel to Europe.
• Seven international airports provide excellent connections to all major global cities.
• Croatia’s recent modernisation of the railway system places Croatia in a competitive position for facilitating safe multi-modal transport of goods.
• Croatia boasts the most modern fixed telephony in South Eastern Europe, and is 100% digitalised.
• The Croatian Strategy for Development of Broadband Internet facilitates easy integration into the Croatian economy.