Prime Minister Duško Marković noted on the occasion of the second anniversary of the 41st Government of Montenegro today announced Montenegro is a large construction site, it is more stable than ever and it has started accelerated economic development and improvement of the living standards.
The Prime Minister said he is hopeful that additional sums of money will enter Montenegro on the basis of the applicants for citizenship by investment, which aims to further stimulate investments and their acceleration.
“I do not think that Montenegro has time to wait for some, let’s say, better times but to use every opportunity for our economy to grow in line with the interests of our citizens. We do not want to keep our citizens at this level of standards that is now and which is unsatisfactory.
This model will enable us to accelerate investment in the south and the north. In the south, because applicants will invest in hotels with five and more stars, and thus accelerate the development of our tourism economy. The funds that we will receive from applicants, or donations, we will use to set up a special fund for the development of less developed areas in the north. From this fund, we will finance the development of infrastructure in the north: road infrastructure, energy infrastructure, utility infrastructure, sites for solid waste disposal, waste water treatment. And it will, indeed, give the north a new momentum.
I believe that it will create thousands of new jobs, well paid jobs. We have prevented every kind of abuse in the way that the programme is managed exclusively by the Government.”
PM Markovic also said, No entity in this process has the power to make a decision, it only has the obligation to collect data and hand it over to the Government. The Government checks credibility through certain agencies, most likely two or three marketing agencies will find clients who are interested in investing in Montenegro based on citizenship. And we will have an agency, an international, licensed agency, which will conduct a security check of the client and, of course, we will engage an international auditing institution that will monitor the implementation of the entire project and each individual investment under this model. And in the end, the Government decides.
So, we took responsibility, we defined a model based on the experiences of the other countries of the European Union, both good and bad ones. I believe that this model will be a new powerful development investment impulse for Montenegro. If by chance things are moving in the other direction, we will give it up. The only goal is success, the only goal is a new value. The most important goal is creating new and well-paid jobs,” the Prime Minister said.
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