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HomeEconomyGovernment committed to improving the business climate

Government committed to improving the business climate

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“Government Pledges to Enhance Business Environment”

The Montenegrin Government is dedicated to enhancing the business environment and establishing conditions that will encourage the arrival of Israeli and other reputable foreign investors, as well as the execution of collaborative projects, stated Slaven Radunović, the Minister of Spatial Planning, Urbanism, and State Property.

Radunović met with Israeli investors in Tel Aviv today, where, as reported by the Ministry of Spatial Planning, fruitful discussions occurred regarding avenues for economic partnership and upcoming investments.

The meeting took place following positive experiences shared by Israeli investors currently operating in Montenegro.

Highlighting the importance of bolstering economic connections between the two nations, Radunović noted that a favorable business climate is essential for attracting foreign investment and driving economic development.

The Ministry pointed out that the primary focus of the meeting was on specific investment initiatives and potential collaboration areas, with Israeli investors expressing interest in investing across various sectors.

Among the investors present was the President of the Board of Directors of Big Fashion, the company that owns Montenegro’s largest shopping center.

“The Minister reiterated the commitment of the Government of Montenegro to enhancing the business climate and fostering conditions that will attract Israeli and other trustworthy foreign investors, paving the way for collaborative projects,” the statement indicated.

The meeting is described as another advancement in reinforcing the economic partnership between Montenegro and Israel.

“The Ministry will persist in its efforts to strengthen these relationships and unveil new investment opportunities,” the statement concluded.

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