1. PROJECT TITLE
Kuzmanovic komerc business facility
Production, processing, commercial and service activities, distribution centers.
Modriča Municipality, Svetosavska 29 st.
4. BRIEF PROJECT DESCRIPTION
KUZMANOVIĆ-KOMERC facility is an up-to-date business space, space of a modern design, in an attractive location, at the very center of the municipality.
Built in accordance with the standards required for a business-production facility, total area of 1.600 m2 (basement 600 m2, ground floor 500 m2, first floor 500 m2). The building is adapted to various activities, and the final works can be completed quickly.
5. PROJECT DETAILS
5.1 What type of project is it?
A Brownfield, private property.
5.2 Project status
The location meets requirements for starting a business. Investment opportunities are purchasing or leasing it, and the owner is willing to fund the final adjustments independently or in agreement with the investor.
5.3 Reasons to invest in the project
Kuzmanović-Komerc business facility is a modern building suitable for opening new production and service facilities, while being located in an attractive location, at the very center of the Municipality of Modriča. The building is only 2.000 m away from the future Vc Corridor (Budapest-Osijek-Modriča-Sarajevo-Port Ploče), 30 km from the border crossing with Croatia-EU (Šamac) and in the immediate vicinity of the railway (direction Belgrade – Banja Luka – Sarajevo – Budapest). Also, it is about 80 km away from the nearest airport in Tuzla and 110 km from the airport in Banja Luka.
Considering that Modrica has a tradition in manufacturing, there is also a qualified workforce. In addition, the municipality, independently or in cooperation with the Public Employment Service of Republic of Srpska, schools and other donors, subsidizes programs for retraining and additional training of workers through various projects. The municipality provides scholarships for over 200 students of various occupations annually, so a large number of young experts for purposes of administration and logistics are available to the investors.
The Public Employment Service of Republic of Srpska regularly provides subsidies for hiring workers.
6. PROJECT FINANCING:
6.1 Estimated project value in €
The value of the project for the investor depends on the contractual relationship with the owner of the building.
6.2 Planned sources of financing
Private investor. The owner of the building is interested in investing in building according to desire and in agreement with the investor
6.3 Inputs by local partner
The Municipality of Modriča has established the Info Center for Investors and provides free assistance to investors in obtaining the necessary permits, developing business plans, introducing quality standards, assistance in applying for incentives for hiring workers.
6.4 Inputs by investor
Bearing in mind that this is a newly-built facility, only final investments are required for the adjustment of space for a particular activity, procurement of machines and other necessary equipment or raw materials for production.
7. Has physical location for project implementation been identified
Kuzmanović-Komerc business building is located at the very heart of Modriča Municipality, in Svetosavska no. 29 st. It is a private property. Infrastructurally, it has electricity, water, wood central heating, while the access and parking space is asphalted and equipped.
8. Have the activities on project implementation already started
The facility possesses all necessary documentation apart from the use permit.
9. Project applicant and contact information
Address: Vidovdanska 1, 74 480 Modriča
Contact person: Alenka Ilovčević, Head of the Economy and Social Affairs Department