NewsMontenegro emphasizes strong partnership with EBRD for infrastructure development and green transition

Montenegro emphasizes strong partnership with EBRD for infrastructure development and green transition

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Effective and quality cooperation with the European Bank for Reconstruction and Development (EBRD) is of great importance for a strong investment cycle, which the 44th Government plans in the coming period, it was emphasized during the meeting between Prime Minister Milojko Spajić and EBRD President Odile Rena-Basso.

The fact that Spajić and Rena-Basso met for the second time in 14 days confirms the mutual desire to launch large infrastructure projects as soon as possible.

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A special focus during the discussions in London, on the sidelines of the Western Balkans Investment Summit, was on the construction of road infrastructure.

Montenegro plans to build nine sections of highways and expressways in the next six years, as well as investing in the development of railways, airports, and the Port of Bar.

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As green transition is one of the key priorities of the European Bank for Reconstruction and Development, the significant potential of Montenegro in this field was emphasized.

There were discussions about the development of energy capacities from renewable sources, with a particular focus on Montenegro’s significant hydroenergy potential, which can be utilized while respecting all ecological standards.

It was concluded that the partnership will enable Montenegro to efficiently and sustainably utilize all its potentials.

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