06 June 2019 - After the development of the Spatial Urban Plan of Herceg Novi, the local administration started developing the Herceg Novi Investment Map, in order to “open” the city to investors and new projects. The completion of the spatial urban plan means that now all interested investors can have access to the necessary planning documentation and can build objects which are necessary for the development of the city in various parts Herceg Novi.
According to the statement that the Advisor of the President of the Municipality of Herceg Novi Tamara Vujović made for Radio Jadran, one of the most important capital projects within the Herceg Novi Investment Map that the local administration wants to implement is the Bus Station in Igalo.
“Aside from the Bus Station in Igalo, we also want to build business-residential buildings in various parts of the city, a business centre with a market in Igalo and a cable car from Njivice to Žvinja. There is also the construction of a bypass, i.e. the map covers projects from those who don’t require major investments to the crucial capital projects, which Herceg Novi does not currently have,” said Vujović.
The investment map is in the final stages of development and will be presented at the first next business forum, which means that Herceg Novi is ready to open its doors to investors and people who want to beautify the city.
The investment map is based on the Spatial Urban Plan of Herceg Novi, which was adopted at the end of last year.
The local government also plans to develop the City Development Strategy for the period 2020-2027. The Advisor of the President of the Municipality told Radio Jadran that the local government is currently gathering a team to develop this strategy.
Read more about Business in Montenegro at TMN's dedicated page.