Agreement Signed, Kotor Getting a New Luxury Resort

By , 18 Dec 2019, 07:35 AM Business

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December 18, 2019 - Kotor mayor, Mr Željko Aprcović, director of the Direction for Organization and Construction of Kotor, Mr Zoran Mrdak, and executive director of the company Bigova Bay, Ms Branka Lazarević, met in Kotor to sign the agreement on the implementation of an investment – the construction of a high-end tourism complex in Bigova.

 

The agreement announces the beginning of the implementation of an investment whose initiation started 7 years ago.

“The local self-government is proud to have a renowned investor in this business who will invest large sums of money – over 300 million euro – and today is a big day for the Municipality of Kotor,” said the Mayor of Kotor.

The aim of this project is to obtain the new content that will raise the sites in Donji Grbalj to a higher level.

Mr Aprcović said: ”This investment will represent the initial impetus for future investors in this extremely attractive site.”

 

Kotor Municipal Assembly, at its session held on 18 Nov. 2019, passed the decision on resolving relations between the Municipality of Kotor and Bigova Bay and the agreement signed today represents an integral part of it.

Text by CDM, read more here.

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