Minister of Transport Osman Nurkovic (BS) spoke with the press about what the Proposal for the concession act of the state airports of Montenegro and draft concession contract contain.
He said that the future concessionaire which must be registered as a legal entity in Montenegro must pay at least 100 million euros in advance and will pay another 10 percent of the total budget revenues of the Airport to the state budget.
Nurkovic said that the airport Tivat will be given under concession in three phases. At the first stage, there will be a land area of about 846,000 square meters and this transfer of land will be done until the entry into force of the concession act.
In the second phase, transfer of land will be on the surface of about 560,000 square meters within 24 months from the entry into force of this concession act, and in the third phase, the transfer will be about 170,000 square meters of land that will be transferred within 48 months from the entry into force of the concession act.
Text by Marija Mirjacic, on July 25th, 2019, read more at Vijesti