This investment is worth 10 million EUR.The
necessary documentation for realisation of this project is prepared in
cooperation with the Municipality of Stari Grad according to which Mr Kol is
owner of 35% and the Municipality 65% of this facility.
"In March or April I plan to start constructing the hotel of 56 rooms. It
will be an exclusive hotel, with five floors and will have garages on four
floors. In Sarajevo, there are a lot of hotels, but there is not exclusive. In
addition, this facility must be exclusive, because it is located in the heart
of the city.
The hotel will keep the external authentic appearance, considering that the
building is situated in the protected old centre of Sarajevo, while the
interior will have a modern hotel interior, "said Mr Kol.
Construction of the hotel should take 18 months. The hotel will employ 120 workers reports