Media: Montenegro does not justify the hopes of its investors

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Media: Montenegro does not justify the hopes of its investors

This statement was made by the newspaper Dnevne Novine on July 10. Over the past 10 years, Montenegro has become so entrenched in political dislocations and bureaucratic delays that it could not rationally use more than a billion euros of investment. As the reasons for this situation, the Montenegrin publication names as an endless series of unregulated bureaucratic procedures for reviewing, agreeing, obtaining permits, etc., and the absence of a normal political dialogue with investor countries.

First of all, the consequences of this attitude to investors is a serious blow to the image of the country, because at the moment Montenegro is not considered a reliable guarantor of business development on its territory, Dnevne Novine believes.

As an argumentation, the newspaper cites the fact of the termination of partnership relations between the Royal Group (UAE) and the administration of the city of Bar on the construction of the Queen's Beach. The reason is the obstacles to the implementation of the project by the Skupstina Montenegro, caused by political reasons. The amount of lost investments is about 180 million euros.

The above-mentioned quarrel with Arab investors is just a drop in the sea of ​​diplomatic mistakes made by Montenegro over the past 10 years. If the country does not reconsider the policy of interaction, its prospects in this direction of development are negligible, Dnevne Novine sums up.

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