Budva “Capital estate”, with whom he the day before yesterday concluded the sales contract about the hotel complex “Grand Lido”, says Jaksic intends to build “Hilton” hotel on that place.
– We are talking about a very powerful company with great capital funds. In “Becici” they own the hotel “Putnik” and 5 ha of land, and on Sveti Stefan they have 2ha of land. They have shown me the projects of the construction of the “Hyatt” hotel in Becici, as well as “Hilton” hotel on Sveti Stefan, and on Ulcinj’s Velika plaza, instead of the existing hotel “Lido” which they will knock down. I believe that if something like that happens, Ulcinj too will be a hit place to visit – said Jaksic.
He pointed out that the three year investment cycle, during which the “Capital estate” according to the contract, has to invest 37 millions of euros, starts on the 1st of October 2007.