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HomeEconomyRevitalization of abandoned industrial zones can be the key to sustainable development

Revitalization of abandoned industrial zones can be the key to sustainable development

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Revitalizing Abandoned Industrial Zones: A Pathway to Sustainable Development

From the event, Photo: EPCG

The revitalization of neglected industrial zones is considered crucial for sustainable development, a conclusion drawn during a roundtable and workshops at the Electric Power Industry of Montenegro (EPCG), part of the international initiative ReInd BBG – Brownfield is Better than Greenfield.

EPCG highlighted that the project’s aim is to encourage the smart utilization of spaces previously used for industry, instead of expanding into untouched natural areas.

photo: EPCG

“We are focusing on brownfield sites, which can be repurposed through reindustrialization for industrial, environmental, cultural, or social uses,” the statement mentioned.

Marija Janjušević, the communications manager and event moderator, stated that the brownfield approach presents several advantages, including existing infrastructure, reduced environmental impacts, and quicker investment implementation.

An example highlighted was the site of the former Steel Plant in Nikšić. According to Aleksandar Perović, director of the NGO Ozon, this site has the potential to evolve into a hub for projects centered on environmental protection and sustainable industry.

During the workshop, the fundamental principles of the project, the achieved results, and proposed next steps were discussed. Participants shared their experiences and agreed on subsequent actions to outline the implementation model.

EPCG plays a vital role in this process, not only as a host and partner but also as the owner of key brownfield sites, like the former Steel Mill halls, which could serve as a foundation for new sustainable investments through agreements. The EPCG project team is led by Jelena Šipčić, Milica Jokić, Bojana Vujadinović, Marija Janjušević, and Miloš Džiknić.

ReInd BBG is carried out within the Interreg Danube Regional Programme with financial backing from the EU. The overall budget is nearly 2.4 million euros, including 1.92 million from the Interreg fund and 479,760 euros from project partners.

Initiated on January 1st of last year, the project encompasses 17 partners from seven European nations, led by the Chamber of Commerce of Slovenia.

The roundtable at EPCG reaffirmed that brownfield regeneration is not merely an option, but a vision for a sustainable industrial future, positioning Montenegro among European leaders,” the statement concludes.

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