Geography of Montenegro

A government report on the implementation of priority projects in the tourism sector, which BIRN has seen, said that the country is looking forward to a huge boost from tourist-related investment.

Fourteen development projects started in 2014 are undergoing expansion and over 250 million euro in investment is expected this year.

A parliamentary committee on Wednesday refused to support government plans to lease out the island of Lastavica and the Mamula fort in Boka Bay, which opposition parties have slated as a corrupt deal.

The proposal to offer the Austro-Hungarian fortress to a private firm to turn into a luxury tourist complex received the support of the ruling Democratic Party of Socialists.

Romanian car "unsuitable" for Montenegrin municipality head

PODGORICA -- The president of the assembly of a small municipality in northeastern Montenegro has decided against using an official car received as a gift.

The plan to build the cable-car route from Kotor to Cetinje over Lovcen Mountain, originally initiated several decades ago, could finally be realised if the Montenegrin government finds international partners for the construction of the route which will link the coastline and the highest mountain peak in the country.

The Montenegrin government has great expectations of foreign investment in tourism this year, as development projects started in 2014 undergo expansion.

The government's programme of economic reforms in tourism, which BIRN has seen, expects more than 250 million euro in tourist-related investment in 2015.

A Montenegrin opposition politician on Wednesday accused the government of treating the nation's cultural heritage as "market goods" after the Austro-Hungarian Mamula fortress on the coast was offered on a lease for a luxury tourist complex.

Montenegro on Friday will submit an application for the historic core of Cetinje to join the UNESCO heritage list.  

Once the nomination has been submitted, it will then undergo a process of scrutiny and evaluation by UNESCO and its advisory body, the International Council on Monuments and Sites.

Montenegro's Council for Privatisation, chaired by Prime Minister Milo Djukanovic, on Monday unveiled an ambitious privatisation plan for 2015, aiming to attract more foreign investment.

"Montenegro is poised to become a world-class luxury travel destination thanks to its 180-mile-plus coastline and rugged interior dotted with river canyons, glacial lakes and two UNESCO World Heritage Sites," ForbesLife reported.

Ulcinj Aqua Park and Entertainment, the Montenegrin arm of a Turkish chain of amusement parks, on Tuesday said a large water park will be built in Ulcinj by the summer of 2015 at a cost of 5 million euro.
 
The park will be constructed near the 14-kilometre beach near the coastal resort of Ulcinj and will employ about 200 workers.