BAKU, Azerbaijan, October 27. Implementing
numerous reforms, creating a competitive business environment, and
launching a major investment cycle, Montenegro, at the final stage
of its path to the European Union, is the right place for
investment, Prime Minister Milojko Spajić said at the Fortune
Global Forum in Riyadh, Trend reports.
As an honorary speaker on the panel “Montenegro: Small Country,
Big Ambitions,” he presented the key reforms and development plans
of the Government, particularly in the fields of energy, tourism,
and technology.
Montenegro is entering a crucial phase in its European
integration and, rich in diversity and the most ethnically varied
country in Europe, builds its progress on compromise. No group,
whether ethnic or religious, is dominant in the country, and
consensus is necessary on key issues, with everyone needing to work
together to reach all and open doors to all. “That is why success
is our identity,” Prime Minister Spajić said.
He emphasized that numerous reforms, membership in SEPA, one of
the most competitive tax systems in Europe with the lowest labor
burdens and among the lowest income and corporate tax rates,
together with progress in the rule of law, make Montenegro a
favorable business environment for investors, offering
opportunities for mutual benefits for both the state and
investors.
When asked about the most important message for future
investors, he highlighted openness:
“We are a country that offers opportunities. Come and experience
Montenegro. Seeing is believing,” Prime Minister Spajić said,
adding that Montenegro lacks sufficient workforce for new
investments and is open to foreign experts who could lead major
projects.
He stated that energy, sustainable tourism, transport
infrastructure, and information and communication technologies form
the backbone of Montenegro’s Smart Development Strategy.
Presented as one of the youngest leaders in the world, Prime
Minister Milojko Spajić was asked at the Fortune Global Forum about
his ambitious reform agenda, EU accession, regional stability, and
attracting foreign investors.
The Fortune Global Forum, organized in partnership with Fortune
Media, brings together the world’s most influential business and
political leaders to exchange views on the forces shaping global
markets and investment flows.
This year’s Forum is dedicated to the theme of “The Great
Convergence,” with the participation of heads of government,
ministers, CEOs, investors, and leaders from around the world.
