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Montenegro has the potential to develop additional hydro and thermal power plants, given its abundance of rivers and streams, as well as solar and wind energy plants. Montenegro only uses approximately 20 percent of its hydro potential. To fully develop this sector, Montenegro will need to upgrade its transmission and distribution network. The most important […]

Market Entry Strategy Montenegro enacted legislation that outlines guarantees and safeguards for foreign investors. The legislation does not distinguish between foreign and domestic investors, affording them the same rights, with an exception for companies pursuing ownership in certain defense-related industries. Montenegro’s Foreign Investment Law establishes the framework for investment. The law eliminates nearly all previous

Tourism Montenegro’s 300 kilometers-long coastline and the spectacular mountainous north are the engine of the tourism sector which accounts for close to 25 percent of GDP. The sale of formerly state-owned land has triggered a wave of foreign investment in large-scale tourism and hospitality centers. Infrastructure Montenegro is planning major upgrades to its airports, road

Since regaining independence in 2006, Montenegro has adopted an investment framework to encourage growth, employment,and exports. Although the continuing transition has not eliminated all structural barriers,the government recognizes the need to remove impediments, ensure business-friendly policies and improve transparency, and open the economy to foreign investors. Montenegro makes no distinction between domestica and foreign companies.