A tourist city will soon be built in Bosnia. Photo: AFP
A Dubai-based developer has signed a €4.5bil (RM19.15bil) contract to build a "tourist city" in Bosnia, which has become a magnet for investment from the United Arab Emirates (UAE).
Buroj Property Development plans to build thousands of homes, several hotels, a shopping mall and a hospital in the municipality of Trnovo at the foot of Bjelasica, one of four mountains surrounding the capital Sarajevo. Work on the complex is set to begin in April.
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