Vujanović at China-CEEC Expo: Montenegro is a Safe Investment Destination

By , 09 Jun 2019, 21:58 PM Politics
Vujanović at China-CEEC Expo: Montenegro is a Safe Investment Destination Copyrights: Official Website of Montenegro's ex-president Filip Vujanović

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08 June 2019 - Montenegro is a safe investment destination and investors from more than 100 countries have confirmed this fact. Our country is one of the most attractive investment destinations in the Mediterranean, especially in the field of tourism, real estate, energy and agriculture, said Montenegro’s ex-president, Filip Vujanović, at China-Central and Eastern European Countries Expo in Ningbo.

The China-Central and Eastern European Countries Expo opened Saturday in Ningbo, east China's Zhejiang Province. As reported by XinhuaNet, the expo that put focus on "deepening opening-up and cooperation for mutual benefit," attracted over 6,700 buyers from more than 500 firms and other leading international enterprises in 22 different countries and regions.

Speaking at the Ningbo Forum, Montenegro’s ex-president, Filip Vujanović highlighted that Montenegro is one of the most attractive investment destinations in the Mediterranean. “I have great respect toward this Fair of Investment and Trade, and I see it as a strong contribution to the improvement of cooperation between China and the countries of Central and Eastern Europe. It is a special honor to present Montenegro as a safe and attractive investment destination with economic parameters that confirm this title ”,Mr Vujanović’s said during his speech.

As reported by Vujanović's office, he also noted that Montenegro and China have excellent relations that have been improved in recent years through the 16 + 1 Mechanism and the Road Initiative.  “Montenegro recently started the construction of a highway linking the Adriatic coast with Serbia and Central and Western Europe. This largest infrastructure project in the history of Montenegro is being realized with CRBC. The Government of Montenegro continuously works on creating the preconditions for the continuation of the construction of other sections of the highway. We encourage Chinese companies to show interest in this project through public-private partnerships, “said Vujanović, inviting the present investors to a potential partnership with Montenegro.

Pointing out to the importance of trade, he also emphasized the potentials of the Port of Bar, being a significant maritime and transport center with valuable references. Moreover, former Montenegro’s president touched on many investments in the field of tourism.

“Fully realizing the importance of investment and trade for overall development, I invite you to visit Montenegro. I am convinced that we will continue our joint efforts towards high quality cooperation, “concluded Vujanović.

The expo, scheduled to close on June 12, includes over 20 events such as the image exhibition of Eastern European countries and the European commodity exhibition.

According to China's Ministry of Commerce, the total trade volume between China and Central and Eastern European countries reached 28.55 billion U.S. dollars in the first four months this year, up 7.9 percent year on year.

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

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