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The project on the island of Sazan/ The well-known expert sheds light on the behind-the-scenes of the investment: It's not just the hotel...
2024-03-19 20:55:12 / AKTUALITET
The future of Sazan Island and the project made public by the American company Affinity Partners, of the American entrepreneur Jared Kushner, was the topic discussed today in a TV show.
Luan Dervishaj, an expert in the tourism sector, said that we need to understand that, "is it an expression of interest from a group of investors who have a hotel company attached or is there a concrete project".
" This should be seen in progress when it is carried out and how the project will be developed if there will be, but the specialized structures should give answers to these categories of concerns that have appeared" , he said.
Evaluating the interest of this company, Dervishaj emphasized that, "the news is that there is serious interest from both sides for luxury level investments".
But according to him, the part of luxury should be combined with massiveness and it should be seen what we should offer more from the region.
Dervishaj has also explained the process started from the international experience of how the process for a strategic investment starts.
" What I can explain is that the process for investment in tourism in certain destinations is like this; we have a tourism strategy, we have a national tourism plan. Since we are in this destination, it should be or was in a National Tourism Plan and when there is an interest to develop, there should be a master plan not related to investments," he added.
After that, continues Dervishaj, the state will enter the market looking for an investor after having done a feasibility study to understand the interest and objectives of this tourist destination. After that, the government starts communication with investors. This is the process and from international practice.
Asked by the journalist Nolian Lole about the possibility of an investment of 1 billion euros for this project, Dervishaj said that this figure of 1 billion euros is a bit difficult because, in terms of tourism, an investment of 50 to 100 million euros can be realistic, while the rest are usually real estate investments, which are apartments, houses and other categories that are not included in the tourism part".
" All these investments are part of a global real estate market that uses a period of time, blocks it and sells it when the market value increases. We are not yet in this market. At whatever stage this project is, early or late until the investments begin. From world experience, investments last from 4 to 5 years and the start of operation not before 2030, " he explained.
But the expert points out that the luxury market has some chain requirements for all services. It's not enough just resort hotels, but you need all the services that someone has around you.
" I think that the government should also make an investment for yachts and electrical infrastructure that can be solved with solar panels. So we have to choose which will be dedicated to luxury and an exclusive part with a dedicated space or it will be usable for the mass in the hotel part".
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