Water Supply Networks Construction and Privatisation Plan 2019

By , 07 Feb 2019, 23:38 PM Business
Water Supply Networks Construction and Privatisation Plan 2019 Copyrights: Government of Montenegro

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07 February 2019 - At its latest session, the Government of Montenegro passed the Programme for Stimulating Water Supply Projects in 2019, which foresees the allocation of 970.000 EUR to finance water supply networks construction and another 80.000 EUR for financing other obligations and needs in the field of water management.

The programme includes the construction of 31 water supply networks in order to create better living and working conditions in the rural area, as well as further development of agriculture. Priority was given to rural water supply networks, which were financed in the previous period, as well as new requests for water supply, submitted by municipalities.

Prime Minister Marković pointed to the significant continuous multi-million dollar investment of the Government in the overall infrastructure in local governments - road, communal, social as well as numerous capital projects. He reiterated that the Law on Financing Local Self-Government further strengthened the possibilities of municipalities, especially less developed ones, given the fact that this law has provided about 13 million EUR for this purpose.

"This is the relation of our policy towards the citizens, this is the contribution of the Government to the development of our rural areas and we want to ensure that citizens live better and develop their potentials," said Prime Minister Duško Marković.

Considering several items of the previous session regarding the Privatisation and Capital Projects Council on 1 February 2019, the Government passed the Decision on the Privatisation Plan for 2019 and adopted: the Report on the work of the Privatisation and Capital Projects Council for 2018 with the Report on the realisation of the privatisation plan for 2018, Report on realised investment and other activities under the Long-Term Lease and Construction Agreement referring to "Luštica Development" AD Tivat - Luštica Bay project for 2018, Report on realised investment and other activities under the Agreement on the Long-Term Lease of the Lastavica Island with Mamula fortress for 2018, Report on realised investments under the Decision on granting long-term lease of land on Luštica Peninsula - Herceg Novi for the period 16 December 2017 - 20 December 2018, Initiative of the Investor of the New Tobacco Combine AD Podgorica related to the resolution of the non-monetary role of the Government of Montenegro in AD "New Tobacco Combine - Podgorica" and Information on the fulfillment of the conditions for the return of the second bank guarantee to Turkey-based "Global Ports Holding" - buyer of shares of the company "Container terminal and General cargo "AD - Bar. Approval was given to the Decision of the Board of Directors on the selection of the model and initiation of the restructuring process No. 02-7220 / 5 adopted by the Board of Directors of HG "Budvanska rivijera AD - Budva" on 20 December 2018.

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