English

Turkish investments in Montenegro are surging

Memorandum on cooperation between chambers of commerce of our country and Körfez district was signed on the Business Forum of Montenegro and Turkey in Podgorica today. It was stated that investments from Turkey were increasing. In 2018, two states exchanged goods worth €100,7 million.

This agreement is a solid basis for further economic relations with Turkey, said the signatories, Vice-president of the Chamber of Commerce, Mr Ivan Saveljić and president of the Chamber of Commerce of Körfez, Mr. Recep Öztürk 

“There’s space for the improvement of economic relations between the two countries”, said Mr Saveljić.

Turkish delegation consisted of the representatives of 30 companies of Körfez in the field of energy, construction, metal-processing, trade, logistics, automobile industry and real estate.

Presenting the economic environment of our country, Mr Saveljić pointed out that Montenegro was characterized by intense economic growth.

Most important infrastructure and tourist projects will create safe presumptions for further economic growth of our country and improvement of life quality of our citizens.

Apart from cooperation in trade, investments from Turkey have surged. Since 2010, a total of €190,3 million has been invested from Turkey.

Last year around 43.000 tourists visited Montenegro. Montenegro expects new investments in the energy sector.

“We have excellent cooperation with Turkish chambers of commerce”, said Mr Saveljić.

President of the Chamber of Commerce of Körfez pointed out developed historical and cultural bonds our countries shared.

“We should use this stable interstate cooperation in order to reinforce business cooperation”, said Mr Öztürk .

He acquainted his interlocutors with the region he comes from. It is one of the most developed regions in Turkey and it has 160.000 inhabitants.

 

Send this to a friend