The Montenegrin government announced intentions to put its two international airports in Podgorica and Tivat up for concession. A public call for the expression of interest is expected to be issued soon. The two airports are expected to be offered up for a concession ranging between 25 and thirty years.
The European Bank for Reconstruction and Development (EBRD) was set to approve a fifty million euro loan for the development of Tivat Airport last year, though it requested a guarantee from the Montenegrin government that teh airport would remain in state hands over a period of ten years following the completion of the project.
Stating that operator Airports of Montenegro is one of the country's most profitable public enterprises, opposition parties from Montenegro have slammed the government's concession plans.
Montenegro has re-launched a tender process for a cable car concession a year after issuing the scheme.
Read moreThe Government of Montenegro has launched the tender process to construct and operate a new cable car under the public private partnership (PPP) model.
Read moreThe Montenegro Ministry of Transport & Maritime Affairs and the Montenegro Port Authority signed on November 15th, 2013 the Port of Bar concession with the Turkish port operator, Global Ports Holdings...
Read more