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2 clusters · 2 sources · 19 days · First seen 26 days ago · Last updated 8 days ago

Montenegro airport modernization and management

Overview

Montenegrin officials are prioritizing the modernization of national airports through state-led management rather than private concessions. Transport Minister Radoš Zečević initially advocated for keeping airports under state ownership, citing the need for substantial investment to improve passenger comfort and infrastructure.

Following this, Montenegro Airports management indicated that between 200 and 300 million euros are required for fundamental upgrades to the Podgorica and Tivat airports. CEO Roko Tolić stated the company has the financial strength to fund these improvements without a concessionaire. Prime Minister Milojko Spajić has announced a new Master Plan for long-term development, which includes terminal expansions and runway reconstructions to allow Podgorica airport to handle wide-body aircraft for transoceanic flights.

Entities

Montenegro Airports · Milojko Spajić · Roko Tolić · Montenegro · Radoš Zečević

Timeline

8 days ago

[BUSINESS] 2 sources
Montenegro sees 16 billion euros in FDI as airports plan major upgrades
Montenegro has seen 16 billion euros in foreign direct investment since independence, while Montenegro Airports seeks to self-finance up to 300 million euros for major infrastructure upgrades.
26 days ago

[BUSINESS] 3 sources
Montenegro Minister advocates for state-owned airport management
Transport Minister Radoš Zečević advocates for state ownership and domestic management of Montenegro's airports, emphasizing the need for significant modernization and investment.

Sources

dan.co.me · pvinformer.me