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Montenegro

THE MINISTRY 11. 10. 2019.   >>  18:33 0

THE MINISTRY

Issued concession invitation for Airports of Montenegro

The Ministry of Transport and Maritime Affairs has published a public advertisement for applying for pre-qualification for awarding a concession for Airport of Montenegro.

Transport Minister Osman Nurkovic told TVCG that the interest of foreign companies is great.
The obligation of the bidder is to pay in advance a minimum of EUR 100 million and, over the over the concessions period, i.e. in the next 30 years, to pay to the state at least 10 percent of the Airport’s annual revenue.

The expected investment is at least 80 million in the first three years and, as Nurkovic said, at least 200 million euros over the total duration of the investment.

The pre-qualification phase will last 45 days and then follows the tender procedure. The public invitation was published in a reputable economic Financial Times magazine.

The invitation states that the intention is that concessions provide the necessary valorization of the Airport of Montenegro for the long term and sustainable way that will be in the interest of Montenegro and its further economic development.

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