Tender process for long-term concession of Montenegro's Airports resumes after years of stagnation

The Tender Commission for the concession process regarding the use of Podgorica and Tivat airports, with support from the International Finance Corporation (IFC), has issued a Request for Proposals as part of the ongoing tender process to grant a long-term concession for the two airports.

This step marks the second phase of the tender process and is a clear demonstration of the 44th Government's commitment to concluding a procedure initiated in 2019, with the aim of fostering Montenegro’s further economic development.

Notably, in the five years since the process began, only the pre-qualification phase had been completed, resulting in three international bidders qualifying for the second phase.

Recognizing the critical importance of airport development for Montenegro's tourism and overall economic growth, the continuation of this process is of exceptional significance. The strategic decision on the long-term development of Montenegro's airports will hinge on the receipt of suitable proposals, either through a public-private partnership model or direct state development of the airports.