British Companies Interested in Investing in Montenegro

By , 05 Sep 2019, 18:36 PM Business
British Companies Interested in Investing in Montenegro Copyrights: Ministry of Transport and Maritime Affairs of Montenegro

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05 September 2019 - During his official visit to London, Minister of Transport and Maritime Affairs Osman Nurković took part in the two – day International conference on road safety on the topic of technology and innovation in the field of road safety with special emphasis on reducing the number of traffic accidents that result in serious injury or death cases and new systems of security that can be applied in order to achieve mentioned goal. Therefore, the conference presented new developments in the area of autonomous vehicles, electric and environmentally friendly forms of transport, as well as best practice and expertise related to global challenges in the road safety area. The conference was opened by Baroness Vere of Norbiton, British Parliamentary Under Secretary of State at the Department for Transport Charlotte Vere. 

During his stay in London, Minister Nurković met with representatives of the British companies that are interested in investing and doing business in Montenegro. Special attention is given to the meeting with representatives of the Bechtel, a company that for years has been operating successfully in the Western Balkans region. During the meeting with Minister Nurković, representatives of this company expressed interest in the project of the remaining shares construction of Bar – Boljare highway, the project to build a high speed road along the coastline of the Adriatic - Ionian corridor, furthermore, the meeting discussed the possibilities related to the reconstruction of the Bar – Vrbnica railway, reports Ministry of Transport and Maritime Affairs of Montenegro.

In addition to the Bechtel, Minister Nurković also met with six British companies that are interested in offering its advisory and consulting services on the projects of strategic priorities for the Government of Montenegro. Minister Nurković emphasised that for Montenegro, tourism promotion is significantly important, which is directly related to the investments and transport infrastructure construction. After discussion of the priority projects in the area of infrastructure in Montenegro, Minister Nurković invited all interested British companies to invest and do business in Montenegro. The meeting organised by British Expertise International (BEI) with the support of the British Embassy in Montenegro, in addition to the representatives of BEI, representatives of the companies the WYG, the Roughton International, the IMC Worldwide Limited, the Beckett Rankine and the Strategy International also attended the meeting.

During the bilateral meeting, Ministar Nurković and Baroness Vere signed an Agreement on international road traffic and the Agreement relating to the air transport. 

Ambassador Borislav Banović and independent consultant Bilsana Bibić also attended the meeting.

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

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