Minister Mitrovic stated, �After a difficult ten-year period for Montenegro tourism, we succeeded in animating the world to get interested in the Montenegro tourist supply.  Twenty-two countries were represented at the international event, with over 200 delegates in attendance over the 3-day event.�   Minister Mitrovic further explained, �The active participation in the Conference of the Prime Minister and President of the Republic of Montenegro indicates the seriousness with which the Conference

At the Montenegro Hotel  Investment Conference (L to R) Minister of Tourism Vladimir Mitrovic, The Republic of Montenegro,  President Milo Djukanovic, The Republic of Montenegro, and Jim Burba, BHN and WATG

The Master Plan for Tourism, prepared by Deutsche Investitions and Entwicklungsgellschaft mbH (D.E.G.) was presented at the conference.  The study concluded that Montenegro has excellent potential to become an �upscale� Mediterranean destination.  

The complete legal infrastructure was presented at the conference. Minister Mitrovic explained "The foreign investor is equal with the home investor in all areas, with provisions and incentive measures which at some points are more liberal then they are in some countries of the EU.�  It is expected that a number of investors will proceed to become involved with the Montenegro hotel industry partly as a result of this conference.

For more information about hotel investment opportunities in the Republic of Montenegro, contact Mrs. Ljiljana Vojinovic, Montenegro Ministry of Tourism at 381-81-234-116, 482-337 or via email:  [email protected]