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Saturday, April 19, 2025
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Montenegro ready for new investments and economic growth

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Filip Radulović, a member of the Presidency of the Europe Now Movement (PES), stated that Montenegro is more than ready for new investments, job creation and an improved standard of living. He emphasized that the recent agreement with the United Arab Emirates (UAE) confirms the Montenegrin government’s determination to work with highly credible partners to unlock the country’s tourism potential and expand its offerings.

“This will bring multiple long-term benefits to our country,” Radulović added.

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He pointed to projects like Porto Montenegro, Porto Novi, and Luštica Bay as examples of how the development of the tourism sector can generate substantial economic gains for both the country and local communities.

“These projects have significantly benefited coastal municipalities. In addition to municipal budgets increasing up to four times, new jobs have been created and the overall quality of the tourism offer has improved. Montenegro is becoming a very attractive tourist destination, as well as a desirable and reliable partner for all credible investors looking to invest their capital,” Radulović said.

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He also welcomed the fact that a potential investor is now interested in investing beyond the southern coastal areas and into the north of the country, whose development is a key priority for the current government.

“This contributes to the creation of new value while also addressing the major challenges facing the north, such as population decline and regional disparities. The agreement with the UAE opens up opportunities that don’t come around often, and it’s a chance we must not miss as a serious country. Foreign investments are key to growing our economy. Together, we can build a better future,” Radulović concluded.

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