In the near future, the municipality of Bar will get a luxury five-star hotel. The investment over three years will amount to 150 million euros.
The project, with a total area of 120,000 square meters, will be implemented by the Ukrainian-Montenegrin company Liko Soho Group. Upon completion, it will create between 1,000 and 1,200 jobs. The project includes the construction of a five-star hotel and a residential section with full supporting infrastructure. According to the project approved by the city architect, the hotel will have around 300 residential units, 5 restaurants, a café-bar, a spa, a game room, a casino, and a retail area.
The founder and president of the Ukrainian company Liko Holding and investor in the project, Igor Lisov, said that construction will begin in the last quarter of this year.
According to Lisov, this project is interesting both from an architectural perspective and in terms of attracting investment to the region. In addition to this project, Lisov discussed public-private partnership with representatives of the Municipality of Bar, so investment in sports infrastructure is also planned, primarily through the construction of a swimming pool.
“It is very important that the younger generation has the opportunity to develop through sports. This speaks to the health of the nation and the future of the state, and I am very glad that we have reached an understanding with the president of the Bar Bar Association. In addition to this complex, we will also build a water park, where there will be sports facilities for various water sports,” Lisov said, adding that the implementation of this project will make Bar a more economically attractive city.For 30 years, Lisov headed a company that implemented a number of projects in Ukraine, such as the construction of schools, kindergartens, medical and sports facilities. His company is recognized as a leader among construction and development companies and is the winner of Ukraine’s most prestigious construction award, “IBuild.” During the global fight against the coronavirus pandemic, Lisov donated 50,000 euros to the National Coordinating Body for Infectious Diseases.