The Ministry of Maritime Affairs is expected to sign a memorandum of understanding with Faminas Investment Group by the end of the year, which represents a significant incentive for improving the maritime sector and strengthening economic ties between Montenegro and the United Arab Emirates (UAE).
Minister of Maritime Affairs Filip Radulović met in Dubai with the Chairman of the Board of Directors and CEO of Faminas Investment Group and Exim Finance Dubai, Salah Al Nasser.
During the meeting, possible investments in the maritime sector of Montenegro were discussed, with a special focus on cooperation regarding Barska plovidba.
"Today's meeting clearly confirms that Montenegro's maritime sector is attractive to serious investors," said Radulović.
It is planned that the Government, or rather the relevant Ministry, will sign a memorandum of understanding with Faminas Investment Group by the end of the year, as soon as the formal and legal prerequisites for this are created.
This step represents a significant incentive for the improvement of the maritime sector and the strengthening of economic ties between Montenegro and the UAE and is fully in line with the signed interstate agreements.
"We see Montenegro as a serious country and a partner that offers great investment opportunities," said Al Nasser.
The investor has also shown interest in investments in other sectors, which will be discussed further during his visit to Montenegro.
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