The Government of Montenegro made a decision during a telephone session on Monday to approve an Information document granting management rights of the Port of Budva to the Public Maritime Domain.
According to the decision, an agreement for the transfer of state-owned property of the Port of Budva will be signed between Dukley Marina d.o.o. Budva and the Public Enterprise for the Management of the Maritime Domain of Montenegro. Preceding this, the Government instructed the Ministry of Spatial Planning, Urbanism, and State Property to establish a commission tasked with inventorying temporary structures in the Port of Budva, along with specialized machinery and equipment used for nautical tourism activities within the port area.
The inventory process commenced on May 17, revealing that the total market value of the inventoried property amounted to 663,462.44 euros.
The statement further indicates that the sum of 663,462.44 euros will be disbursed from the current budget reserve. Subsequently, the same amount will be reimbursed by the Public Enterprise for the Management of the Maritime Domain of Montenegro after the conclusion of the summer tourist season in 2024, no later than October 1, 2025.
