Contract Signed for Promenade and Square in Sutomore Worth 5.5 Million EUR

By , 02 Aug 2019, 00:27 AM Business
Contract Signed for Promenade and Square in Sutomore Worth 5.5 Million EUR Copyrights: Cafe del Montenegro Media

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01 August 2019 - Director of Public Works Administration, Rešad Nuhodžić, President of the Municipality of Bar, Dušan Raičević and Director of Public Enterprise for Coastal Zone Management, Predrag Jelušić, signed Contract on the Implementation of Project Construction of a square and a promenade in Sutomore – II phase.

This phase entails total reconstruction and square paving with hospitality terraces, as well as rebuilding part of the road in the hinterland of the square.

According to the provisions of the contract, works in this phase will cost 965.925,21 EUR. Professional supervision will cost 40.000 EUR, as CdM reported.

The Municipality of Bar will provide financial assistance with 100.000 EUR, Coastal Zone Management will provide 425.000 EUR and the Government of Montenegro will earmark the rest.

Public Works Administration will soon invite the tender for bidders for the execution of works on the construction of promenade and a square in Sutomore.

Rešad Nuhodžić pointed out that a significant project was to be implemented soon. It will be important for tourism and it will improve the standard of living in Sutomore.

“Sutomore has been one of the most popular tourist destinations for years. Therefore, it deserves new amenities. The total value of all four phases of the projects amounts to 5,4 million EUR,” said Nuhodžić.

Public Works Administration will publish tender documentation in the coming days.

“I would like to point out that this investment represents one of the Government’s strategic commitments and its endeavors to use tourist potentials of Montenegro as much as possible,” pointed out Nuhodžić.

President of the Municipality of Bar, Dušan Raičević, thanked Coastal Zone Management for successfully implementing the first phase.

“We are constantly trying to improve our tourist offer. Out town is becoming more and more important. Sutomore, as one of the generators of visits, deserves a different definition. Square and promenade will turn Sutomore into an elite tourist destination, which will contribute to the higher profit generated in tourism,” said Raičević.

Director of Coastal Zone Management, Predrag Jelušić, said that this project was one of the most important projects for the municipality of Bar and one of the greatest financed by Coastal Zone Management.

Jelušić also thanked the municipality of Bar for its dedication and Public Works Administration for taking over the works.

Jelušić announced the next great project – arrangement of the whole coastal zone in Budva and Bečići and international tender for the conceptual architectonic design.

Read more news about business in Montenegro at TMN's dedicated page.

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