Five Turkish consortium­s eye Montenegro’s giant auctions

Dünya Executive - - BUSINESS - FERIT PARLAK

Turkish investors, who have taken brought Balkan geography onto their radar, pushed the button for many projects, from industry to agricultur­e, from infrastruc­ture to superstruc­ture. One of these countries is Montenegro. Osman Nurkovic, Transport and Maritime Minister of Montenegro, gave informatio­n about investment­s projects in the country in a gathering with Montenegro-Turkish Businessme­n Associatio­n (KATIAD) President Necmi Saykun and journalist­s.

“There are two airports in Montenegro. We are going to tender for 30 years rental for renovation and operation. We want to enlarge the airports. In 2018, the capacity of the two airports was 2.5 million passengers. Every year there is a 10 percent increase. We expect that the number of passengers

will double after 10 years. Of course this increase may be much higher.”

He said there are 25 offers so far. “There are five proposals from Turkey, some of them applying alone, some with consortium­s. We know that companies such as TAV, LIMAK, CENGIZ, MAPA, ICTAS have applied. We expect an 80 million euro investment for two airports in three years. We expect a 200 million euro investment in 30 years. In the second case, investors have to give 100 million euros to the state budget. The winning company will give 10 percent of the annual turnover to the Montenegri­n state.”

Limak already operates the Pristina Internatio­nal Adem Yashari Airport in Kosovo and has started a large hybrid project in Skopje. TAV operates the Skopje and Ohrid airports in Macedonia.

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