Montenegro of the Future: Portonovi

By , 18 Jul 2018, 09:54 AM Business
Montenegro of the Future: Portonovi Copyrights: Government of Montenegro

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18 July, 2018 - Representatives of the Government of Montenegro visited the Portonovi, one of the largest tourism projects in the Mediterranean, and expressed great satisfaction with the works and the fact that Montenegro is getting another world brand and a prestigious high-class resort.

The officials expressed satisfaction with the fact that more than 700 workers have been employed on the construction site, and that by the end of the year, a total of 1,000 workers will be hired only for construction works.

"We expect that hundreds of jobs will be created once the construction works are completed and, of course, we expect the most exclusive clientele that will not only make a profit to Montenegro but also bring new value in terms of knowledge and capabilities for managing Montenegro’s resources and potential. Congratulations to the investor for the quality and the dynamics of the works. Indeed, everything we have seen is not only a reason for satisfaction but also for pride," said Prime Minister Duško Marković.

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The Azmont management informed the Prime Minister about the fact that the initial investment of 258 million EUR was doubled and that the total investment by the end of 2018 will amount to 500 million EUR without the value-added tax, while next year, at the end of the first phase of the project, the total investment will exceed 1 billion EUR.

Chairman of the Azmont Board of Directors Ahmet Erentok presented data according to which, when operating at full capacity, the resort will employ 700 people, mainly from Montenegro.

"We have a very tight schedule. This time next year, in July 2019, people will be walking around here, enjoying coffee and food, and we will be very pleased because we will be providing a wonderful service to our guests," Erentok noted.

Montenegrin representatives and Chairman Erentok agreed that the grandiose project represents an excellent example of high-quality and efficient cooperation between the Government and investors.

"This project is the best example of how a good investment is being realised by a credible and serious investor. This is what Montenegro needs - a good investment, high-quality investment and, of course, a good and responsible investor. The Government will provide all the necessary support to turn this unique resort and this unique location in the Mediterranean into a common good for Montenegro and beyond," as noted by the representatives of the Government of Montenegro.

PN2

At the end of the visit, the Prime Minister of Montenegro congratulated the Azmont on the successful realisation of the investment, not hiding his enthusiasm for the project.

"I have no words that could describe what we have seen and show respect for the vision of development. This is what we want Montenegro to be in the future," Prime Minister Duško Marković concluded.

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