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More than €500,000 invested in Mamula

More than €500,000 invested in Mamula

More than €500,000 was invested in the Mamula fortress, it was stated after the sitting of the Privatisation and Capital Investments Council chaired by PM Dusko Markovic.

The Privatisation Council discussed several annual investment reports, including the 2017 report on the reconstruction of the Mamula fortress on the Lastavica island.

The investor already began preparatory works of a larger scale. Orascom will reconstruct the old fortress and former prison from World War II into a luxury small hotel.

According to the report, Orascom has paid the lease for this year in the amount of €47,772, and it has so far spent €543,000 in project implementation.

Source: CDM

More than €500,000 invested in Mamula

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