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Foreign investment floods into Montenegrin tourism

 

 

After gaining independence in 2006, Montenegro, a country half the size of Wales and with a population of just 625,000 has attracted over €4 billion in foreign investment, and now has investors from over 100 countries around the world.

The latest property development funded by British private equity company, the Boka Group – who have themselves managed over €1 billion of development value in the country, celebrated the start of construction on its latest scheme of luxury villas overlooking Kotor Bay last week, marking the start with a foundation stone ceremony attended by the mayor of Kotor.

Source : breakingtravelnews.com