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Abazović meets American investors

Published on: Nov 4, 2022 1:00 PM Author: Office of the Prime Minister

Montenegro geopolitically belongs to the West, and that is why direct investments from the USA are important. These investments would have an impact on increasing the credibility of our investment environment. We want to see American investors involved in strategic investments, such as the LNG terminal in the Port of Bar, said Prime Minister Dritan Abazović at a roundtable with representatives of the US Trade Mission, which gathers 22 US companies from ICT industry and Clean technology.

Prime Minister Abazović called on American investors to invest in sustainable energy sources, such as solar panels, stressing that Montenegro is a regional energy hub that can place its products on the European market without major problems.

The Montenegrin business environment is predictable, the tax policy is competitive, the geographical location is convenient, and this makes us an ideal destination for investment and business development, the Prime Minister emphasised.

Abazović stated that the IT sector and tourism are Montenegro's strategic economic branches, inviting American investors to start their business in a country that can offer their employees a high quality of life.

US Ambassador Judy Rising Reinke pointed out that this is a historic visit, the first of its kind organised in Montenegro. The Ambassador stated that Montenegro is a perfect place for testing and developing large projects and at the same time a great place to live.

High representatives of globally successful companies such as Amazon, SAS Institute, Adtran, AlPha Technologies, AerialZeus, Cisco Sistems, Inc., EXCEL Services Corporation, IBM, Motorola Solutionsl, UGTR, SELECT Power Systems and others are currently staying in Montenegro. These are global providers, leading experts with rich IT experience who provide government and corporate clients with IT infrastructure and technology solutions, multinational technology conglomerate corporations that develop, manufacture and sell hardware, software, telecommunications equipment and other high-tech services and products, companies with innovative value-added solutions to the most complex problems, global leaders in public safety, artificial intelligence and renewable energy and energy storage manufacturers, with development projects of over $15 billion worth.

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