Turkish investors to find interest in Montenegro projects, Joint Economic Commission concludes

Ankara, Turkey (18 April 2012) -- The second meeting of Montenegro-Turkey Joint Commission on Economic Cooperation, which was held in Ankara earlier today, discussed jointly defined priorities in the fields of energy, transport, industry, agriculture, banking and education.

As to modalities for more rapid implementation of joint projects, the meeting considered the Turkish Ziraat Bank’s willingness to make investments in Montenegro, opportunities for increasing trade volume and the necessity of encouraging Montenegro’s companies to export to Turkish market. 

During a meeting with Turkish Deputy Prime Minister Ali Babacan, the Montenegrin delegation, headed by Deputy Prime Minister Vujica Lazović, invited the Turkish Government to encourage investments in Montenegro.

Turkish companies will recognise their interest in taking part in Montenegro's investment projects, the officials concluded, adding that the recently signed agreement on mutual promotion and protection of investments is an additional incentive in that regard.

Tomorrow, the delegation will meet in Istanbul with investors and discuss the projects related to Montenegro Airlines, Steel Plant Nikšić, construction of power plants and container terminal, as well as other projects in which Turkey’s investors have shown interest.