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PM Marković hosts representatives of Qatari Diar: Beginning of development project in hinterland of Pržno announced

PM Marković hosts representatives of Qatari Diar: Beginning of development project in hinterland of Pržno announced
Published date: 23.11.2018 08:30 | Author: PR Service

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PHOTO: PM Duško Marković hosts representatives of Qatari Diar

Prime Minister Duško Marković hosted representatives of Qatari Diar, led by CEO Abdullah bin Hamad Al Attiyah.

Qatari Diar Real Estate Company was established by the Qatar Investment Authority, the sovereign wealth fund of the State of Qatar. Qatari Diar has a shared capital of US $8 billion, with 60 investment projects under development or held in 24 countries around the world, combining a value of over US$35 billion.

Since 2010, Qatari Diar owns 270,000 square meters of land in the hinterland of Pržno Bay in Krtoli near Tivat, where the company intends to build an exclusive tourist resort worth EUR 270 million. The company emphasised its commitment to the implementation of this investment. The hotel chain Four Sesason has already expressed interest to be the operator of this resort.

The Prime Minister informed his guests that the development projects worth over EUR 4 billion are currently being implemented in Montenegro, and that one of the Government's strategic policies is further improvement of the investment environment. He pointed out that the door is open to credible investors, from whom we expect not only money, but also to share business and management experience with Montenegro. He expressed satisfaction with the announced beginning of this development project and assured that such projects will always have the State's full support .

PUBLIC RELATIONS SERVICE OF THE GOVERNMENT OF MONTENEGRO