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Montenegro’s Budva Marina Reclaimed by State in Strategic Shift

Montenegro has signed an agreement with Dukley Marina to return control of Budva Marina to the state, emphasizing enhanced public management and strategic development

Montenegro has signed a pivotal agreement with Dukley Marina to transition the control of Budva Marina back to the state, marking a significant shift in the management of the coastal asset. Prime Minister Milojko Spajić emphasized the state’s commitment to large-scale projects and assured that the transition is not intended to oust private enterprises but to ensure they contribute optimally.

The agreement, finalized in Budva, was hailed by Spajić as a boost for Budva’s potential as a Mediterranean and Adriatic hub, particularly with the upcoming launch of a ferry line to Dubrovnik, Croatia. This line, expected to open in a few weeks, aims to ease border traffic and enhance pride across Montenegro, according to Transportation and Maritime Minister Filip Radulović.

Milojko Spajić

Mladen Mikijelj, Director of the Public Enterprise for Coastal Zone Management (JPMD), noted that three years of diligent efforts preceded the signing. He pledged to make Budva Marina more attractive and accessible to tourists and announced new job opportunities and free mooring for local fishermen.

Minister of Spatial Planning, Urbanism, and State Property, Janko Odović, expressed satisfaction at the collaborative effort to return the marina to public ownership, suggesting it will rejuvenate the area and benefit the citizens significantly.

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