Vuković: Montenegro wants to include international companies and encourage investments

The Minister of Finance, as part of his visit to the United States of America (USA), at the invitation of leading investment banks, participated in the Small Talks Symposium, during which he presented the great investment and development potential of Montenegro and informed about the efforts made by the Government, on the accelerated European path, with an emphasis on responsible management of public finances

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From the meeting, Photo: Ministry of Finance
From the meeting, Photo: Ministry of Finance
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

Montenegro wants to, through inclusivity, include international companies and encourage investment in the energy, infrastructure, defense sectors, as well as in the field of cyber security and digitization, announced the Minister of Finance, Novica Vuković.

As part of his visit to the United States of America (USA), at the invitation of leading investment banks, he participated in the Small Talks Symposium, during which he presented the great investment and development potential of Montenegro and informed about the efforts made by the Government, on the accelerated European path, with with emphasis on responsible management of public finances.

The delegation of Montenegro, during the aforementioned symposium, spoke with more than 20 investors, who showed interest in investing in our country.

Vuković told interlocutors from different economic spheres that the Government is determined to make the investment environment of the country more attractive and accessible for development projects, the implementation of which will positively affect the better living standards of citizens, a stronger economy and the long-term stability of public finances.

During their stay in the US, the Ministry of Finance team visited both financial institutions and international investors in New York. Thus, during constructive discussions, with representatives of investment banks, global pension funds, insurance companies, as well as multilateral institutions for development, priority goals of the Government of Montenegro were presented, in the context of European integration and maintaining the stability of public finances.

With respectable interlocutors, at the international level, observations were exchanged about market movements, when it comes to interest rates and currencies in the current context of geopolitical events and upcoming elections in the USA.

The interlocutors praised the successful realization of the dollar bond, whose yield on the secondary market has narrowed significantly and amounts to only 4,5 percent.

The return impulse given by representatives of successful international companies indicates that they are interested in investing in Montenegro, and the Ministry of Finance will continue to maintain a dialogue with potential investors, informing them about further steps in the plan of strengthening the national economy and a more favorable business environment, as well as suppressing gray economy and the implementation of ambitious infrastructure projects.

Lazard Asset Management, Morgan Stanley Investment Management, T-row, Fidelity Management & Research LLC, Artisan Partners, Massachusetts Financial Services, Barings, Neuberger Berman, Maserete Capital are just some of the companies whose high representatives met with the Ministry of Finance team in the previous days within the annual meetings of the International Monetary Fund and the World Bank.

When it comes to the banking sector, representatives of Societe Generale, Santander bank, MUFG, JBIC, Bank of America, Intesa Bank and Raifaissen Bank were discussed.

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