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DPM Simović in Kolašin: State has invested and cre...
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DPM Simović in Kolašin: State has invested and created conditions, and now others are investing
Published on: Aug 11, 2020 • 5:00 PM Author: PR Service
We have improved the business environment, we are building a motorway, we have started the construction of a ski resort worth EUR 120 million and so far we have invested over EUR 55 million. So far, over 30 out of the total of EUR 50 million that have already been contracted have been invested in Kolašin, for the construction of cable cars and supporting infrastructure. With generous non-refundable support, we have provided dynamic development of agriculture, invested in rural road and water infrastructure, improved the wood processing sector," said Deputy Prime Minister and Minister of Agriculture Milutin Simović during his working visit to the Municipality of Kolašin.
During the visit, DPM Simović and President of the Municipality of Kolašin Milosav Bato Bulatović met with wood processors from Kolašin.
"The State has invested and created conditions, and now others are also investing. We have launched a new investment momentum that will bring new jobs, new opportunities for the placement of agricultural products and a new quality of life in Kolašin and in the entire north of Montenegro.
Only through the "economic citizenship" programme, which is aimed primarily at the accelerated development of less developed municipalities, seven projects have been contracted so far, four of which in Kolašin. It is about the construction of four high category hotels worth EUR 55 million, with a capacity of 525 rooms, the construction of which will create 340 new jobs," said DPM Simović.
In a direct conversation with wood processors, they talked about the market challenges they face in both domestic and export markets and about the ways for overcoming them.
The results of the forestry and wood processing sector are summarised, which are encouraging:
• Last year, a record revenue in forestry and wood processing of EUR 120 million was achieved, which is about EUR 50 million more than in 2015, which was a record for industrial production;
• In the same period, the number of employees increased by 850;
• Revenues of the Forest Administration, with a reduced volume of felling, increased by EUR 1.2 million compared to 2016 with 100% collection of concession fees;
• Exports of unprocessed wood last year decreased by 41 times compared to 2016;
• Pellet production last year increased by 3.5 times compared to 2016;
• In the previous four-year period, 3.7 million seedlings were planted, or 6 new seedlings for each citizen of Montenegro;
• All illegal activities in forestry have been significantly reduced;
• Significantly improved condition of forest infrastructure and access to rural areas.
The results of the forestry and wood processing sector are summarised, which are encouraging:
• Last year, a record revenue in forestry and wood processing of EUR 120 million was achieved, which is about EUR 50 million more than in 2015, which was a record for industrial production;
• In the same period, the number of employees increased by 850;
• Revenues of the Forest Administration, with a reduced volume of felling, increased by EUR 1.2 million compared to 2016 with 100% collection of concession fees;
• Exports of unprocessed wood last year decreased by 41 times compared to 2016;
• Pellet production last year increased by 3.5 times compared to 2016;
• In the previous four-year period, 3.7 million seedlings were planted, or 6 new seedlings for each citizen of Montenegro;
• All illegal activities in forestry have been significantly reduced;
• Significantly improved condition of forest infrastructure and access to rural areas.
For full press release in Montenegrin please click here.
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