Minister of Economic Development and Tourism Goran Đurović, answering questions from members of parliament, said that with the establishment of the Innovation Fund, the innovation and startup community has gained a specialized institution that will be responsible for implementing innovation programs and attracting funds from other sources to support and develop innovation activities.
He added that digitalization in Montenegro is not at a satisfactory level.
“Along with tourism and energy, the developmentof the IT industryis one of the directions for the development of our economy.”
URA MP Miloš Konatar asked what measures the state will use to support information technology (IT) companies, as well as startups.
He said that last year the total revenue of the IT industry in Montenegro amounted to 147 million euros.
“Just the two largest IT companies generated almost 60 million euros together.”
He compared these figures with Luke Bar, whose revenue last year was 12 million euros, and Plantaže, whose revenue was 23 million euros.
The minister also said that the government will invest significantly more money in the northern region.
“We will have a fantastic Wild Beauty Art event in Žabljak from July 10 to August 15, where we will promote the beauty of Montenegro. Žabljak will soon become the cultural capital of Montenegro,” Đurović said.
In addition, the minister said that strategic regulations are currently being created for the implementation of the 5G network in Montenegro, and that the ministry will announce an auction in the second half of the year for radio frequencies for the 5G network.
“I think we will be the first country in the region to implement the 5G network in a high-quality way,” he said, according toInvestitor.me.