They are examining the possibility of investing in the Port of Bar and the Adriatic-Ionian highway

"The president of the company, Wang Lin, expressed his satisfaction with his return to Montenegro, because in 2009 the Poly group was also interested in and discussed the implementation of the Bar-Boljare highway project," the announcement says.
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Ivan Brajović, Photo: Ministry of Transport and Maritime Affairs
Ivan Brajović, Photo: Ministry of Transport and Maritime Affairs
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 19.12.2015. 15:54h

The Poly Group is ready to send teams to Montenegro at the beginning of next year to investigate the conditions for the implementation of infrastructure projects in which they are interested, representatives of the Chinese company announced at a meeting with the Minister of Transport and Maritime Affairs, Ivan Brajović.

Brajović spoke with representatives of the Chinese Poly Group, which is one of the largest Chinese state-owned investment firms and cooperates with over 80 countries.

As announced by the Ministry, the delegation of the Poly group spoke with Brajović with the aim of examining the possibilities and conditions for infrastructure investment in the Port of Bar, the Adriatic-Ionian highway, and especially in other sections of the Bar-Boljara highway, and through some of the modalities of private-public partnerships.

"The president of the company, Wang Lin, expressed his satisfaction with his return to Montenegro, because in 2009 the Poly group was also interested in and discussed the realization of the Bar-Boljare highway project," the announcement says.

During the conversation, he expressed his full determination to continue the story about the realization of that project.

"Lin expressed his readiness that already at the beginning of 2016, his company would send teams to Montenegro that would investigate more closely the existing conditions for the implementation of infrastructure projects in which they are interested," says the Ministry's announcement.

Brajović, pointing out the possibilities for investing in road infrastructure in Montenegro in the coming period, emphasized his satisfaction with the interest of foreign investors in infrastructure investment in Montenegro, which is expected to be a strong generator of economic growth.

"The Minister expressed his belief that Poly Group's interest in development projects in Montenegro, given its size, references and potential, contributes to the further improvement of the traditionally good relations between Montenegro and China," the Ministry stated.

The meeting was also attended by representatives of the Port of Bar, who pointed out the development projects for which they are looking for partners.

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