Prime Minister Milojko Spajić has highlighted that Montenegro’s planned infrastructure investments over the next six years present a significant opportunity for Turkish companies to expand their presence in the country.
“Turkey is a crucial partner for Montenegro, and I firmly believe that our upcoming infrastructure projects provide a major chance for Turkish businesses to increase their involvement. I don’t think we’ve even come close to reaching the full potential of our economic cooperation,” Spajić said.
The Prime Minister made these remarks during a meeting with a delegation from the Turkish Parliament, headed by Fuat Oktay, Chairman of the Foreign Affairs Committee of the Grand National Assembly of Turkey.
During the talks, both sides praised the strong bilateral relations between the two countries, with particular mention of the decision to extradite Turkish citizen Binali Çamgöz, which helped resolve outstanding issues and strengthen cooperation.
The meeting also underscored the potential for further economic collaboration. Oktay noted that numerous Turkish companies are eager to take part in the construction of Montenegro’s road infrastructure and the reconstruction of the Bar-Belgrade railway.
In addition, Oktay stressed the possibility of deeper cooperation in other sectors, including agriculture, tourism, and defense.
“While we are pleased to be the third-largest source of direct foreign investment in Montenegro, we believe this is just the beginning. There is considerable potential for more investment, and we need to analyze the situation more closely to improve our position,” Oktay emphasized.
Trade between the two countries has reached an annual value of 210 million EUR, thanks in part to the efforts of TurkCham, an organization that represents Turkish companies in Montenegro and promotes collaboration in sectors like infrastructure, maritime, energy and mining.
The meeting also noted that Montenegro is seen as a model for stability and peaceful relations in the region. Oktay referred to the country as a “true island of peace and stability” in the Western Balkans.
Both sides agreed that stronger bilateral relations will be further supported by a series of agreements currently being negotiated, with potential for them to be signed during Prime Minister Spajić’s upcoming official visit to Turkey, following an open invitation from Turkish President Recep Tayyip Erdoğan.
