Dubai developer to build $4.8 bln tourist resort in Bosnia


SARAJEVO: Dubai-based developer Buroj Property Development said on Saturday it plans to invest 4.3 billion euros ($4.8 bln) to build a luxury tourist resort near Sarajevo, in what could be the biggest foreign investment of its kind in the Balkan country.

Bosnia, where Muslim Bosniaks are the largest of its three ethnic groups, has seen an influx of tourists from the Middle East in recent years and a growing number of Middle Eastern buyers of properties, attracted by the country's mountain landscape.

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