The Montenegrin government has announced that more than 30 new projects will be included in the proposed capital budget for 2025, following the third meeting of the Council for Public Investments chaired by Prime Minister Milojko Spajić, along with relevant ministers and key institutions involved in capital project implementation.
During the meeting, the Council focused on reviewing various current issues, particularly requests to include new capital projects in the draft Law on the Budget for 2025, in line with the decision on preparing the capital budget.
The Ministry of Finance presented a proposal comprising only “mature capital projects,” which have resolved expropriation and completed main designs. These projects were drawn from the “List of Priority Capital Projects” evaluated by the Commission according to established criteria. Additionally, a “List of Projects of Exceptional Importance for the State” was created, emphasizing key initiatives such as the development of main designs for the Adriatic-Ionian Highway, fast roads, and the construction of the University Clinical Center—projects expected to significantly impact the economic development of northern municipalities.
To fulfill the final criteria for “Negotiating Chapter 21 – Trans-European Networks,” the Council instructed relevant ministries to quickly provide an updated unified List of Priority Infrastructure Projects for the transport and energy sectors, using the Methodology for the Selection and Prioritization of Infrastructure Projects.
The Council also reviewed the status of road infrastructure projects, particularly the activities of Monteput doo related to the preparation of project documentation for the priority section of the highway from Mateševo to Andrijevica, as well as other sections and expressways that are currently under active development as outlined in the Fiscal Strategy for 2024-2027.
Additionally, the Council examined the Report on the Implementation of the Capital Budget for the third quarter of 2024, prepared by the Ministry of Finance. This report indicates that approximately €111 million was spent in the first nine months of the year, representing 47% of the total allocated amount—€14 million more than the same period last year.
The Council also adopted a report on its activities thus far, which will be submitted to the government for further consideration in accordance with the Decision on the Establishment of the Council for Public Investments.
