Last weekwas signeda Memorandum of Understanding between the government, the Municipality of Ulcinj and the Saudi company Al Shiddi Group with the aim of exploring the possibility of developing a tourist complex on the Mavrijan cape in Ulcinj.
Prime Minister Dritan Abazović said after the signing that this is a big day for Ulcinj and Montenegro, explaining thatMavrijan Cape, located between Bar and Ulcinj, is an unusual place, surrounded by the sea on three sides.
According to him, if an agreement is reached, Montenegro is expected to get a prestigious resort in this location, with several tourist and commercial components.
He also added that attracting brands creates opportunities for new jobs for Montenegrin citizens.
The president of Al Shiddi Group, Suleiman Al Shiddi, recalled that they have been operating in the region for 15 years, where they have good experience, and that their goal is to expand beyond the region.
He also thanked the Minister of Capital Investments, Ervin Ibrahimović, who encouraged him and invited him to come.
The president of the Municipality of Ulcinj, Omer Bajraktari, announced that another perspective is opening up for this municipality.
“With this act, we are opening perhaps one of the greatest development potentials of the Municipality of Ulcinj — the Mavrijan hill. I look forward to cooperating with the group and other companies that will join, and I am confident that we will have one of the largest investments in this location, perhaps even larger than those we have today in Montenegro — Luštica Bay, Portonovi and Porto Montenegro,” Bajraktari concluded.