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Nov 16, 2009 18:53 EEST
November 16 (SeeNews) - A group of international investors plans to pour 6.5 billion kuna ($1.3 billion/891.1 million euro) into a golf development project in Croatia, local company Razvoj Golf, which will act as an investment vehicle, said.
Famed Australian golf player and golf course designer Greg Norman, an investor in the project, attended a public presentation of the project organised by Razvoj Golf in the Adriatic town of Dubrovnik the company said in a statement released on Friday.
The 310-hectare Golf Park Dubrovnik, to be located on the Srdja plateau to the northeast of the town, will accommodate one 18-hole and one six-hole golf course, golfing academy, wellness centre and an array of sports and recreational venues and facilities, the statement said.
"I believe the first golf tournament on Srdja could be held in two years' time," Norman was quoted as saying in the statement.
The golfing venues currently available in Croatia include two locations in the Zagreb area, the Novi Dvori course in Zapresic and Golf and Country Club Zagreb (www.gczagreb.hr), and a further two locations on the Istrian coast: on Brijuni islands (www.brijuni.hr) and at Kempisnki Hotel Adriatic in Savudrija (www.kempinski-adriatic.com).
(1 euro=7.2941 Croatian kuna)
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