Chinese company “Shanghai Electric Power Engineering”, the main contractor in the construction of the wind farm on Možura, has set up 13 out of planned 23 wind generators so far. The objective of the investors is to complete the works by the end of July. It’s not familiar how much the investment amounted but the… READ MORE
After he had been travelling in the Balkans for a while, Australia citizen of Lebanese origin, Romi Havat, 4 years ago decided to invest in Montenegro. So far, he has invested 22 million euro in our state and that’s why now he’s also holding Montenegrin citizenship. In an interview for Pobjeda daily, he said he… READ MORE
In the next four years, around 150 million EUR will be invested in Bijelo Polje. As a result of these worthy projects, around 2.000 new jobs will be available, announced Petar Smolović, the mayor of this municipality. Apart form the capital infrastructure projects, valorization of the Đalovića Cave and „Bjelasica“, Smolović points out the construction… READ MORE
Binod Chaudhary, a billionaire from Nepal, the owner and the president of the company CG Corp Global, a conglomerate with more than hundred companies, 76 brands and around 10.000 of employees, is very interested in investing into Montenegro. The Prime Minister, Duško Marković, welcomed Chaudhary today and expressed his satisfaction at the interest the owner… READ MORE
From the perspective of Montenegro, priority regional projects are Adriatic-Ionian corridors, ie a fast road and gas pipeline, as well as modernisation and expansion of railway infrastructure as a prerequisite for more economic integration and movement of people and goods and linking to European corridors, PM Dusko Markovic said at today’s WB6 business conference of… READ MORE
The total inflow of foreign direct investment (FDI) in the previous year amounted to €649.2m and it was 5.5% lower than in 2016. The largest amount of funds came from the United Arab Emirates with €112,6m, according to the latest data from the Central Bank (CBCG). According to the CBCG’s preliminary data, the net inflow… READ MORE
British company SR Holdings is interested in investing in Montenegro. Representatives of the Secretariat for Development Projects held a meeting with the director of the British company Salim Rahmatullah and his associates from Montenegro Ismail Dacic and Emir Dacic. According to Rahmatullah, SR Holdings has been investing significant funds in various sectors around the world… READ MORE
Montenegro will get two new prestigious resorts this year. This means opening at least 450 new jobs, Prime Minister Dusko Markovic said. He and representatives of the Iberostar Group management agreed that the forthcoming opening of the group’s renovated capacities – Riviera hotel at the Njivice site and the Jadran Villa in Perast – is… READ MORE
This year, a total of €354m will be invested in three most important tourist projects in Montenegro – Portonovi, Lustica Bay and Porto Montenegro. The projects are worth €2.23bn. The biggest this year’s investments will be carried out by the Azmont Investments company, implementing the Portonovi project in Kumbor. Azmont has planned to perform works… READ MORE
The possibility of investing in the development of businesses with the appropriate benefits for leasing, reduction of taxes and utility fees are trump cards for attracting foreign investors issued in the municipalities of Mojkovac and Berane, writes Pobjeda. Things are still at the very beginning in Mojkovac because the business zone is waiting for infrastructure… READ MORE