Source: seebiz.eu | Sunday, 29.01.2017.| 15:06
Highlight an article Print out the news

Construction of Plavi Horizont complex in Przno to start in April 2017 – Qatari Diar to raise five-star hotel in initial phase as well

(Photo: aphotostory/shutterstock.com)
The construction of the first two facilities of the new tourist complex in the Przno cove, Plavi Horizont (Blue Horizon), will most probably begin in the first days of April 2017, it was confirmed by Qatari Diar Hotel and Property Investment Montenegro (QDHPIM).

The subsidiary of the Qatari investment authority, Qatari Diar, has filed a building permit request to the Ministry of Sustainable Development and Tourism of Montenegro. Qatari Diar has announced that a five-star hotel will also be built in the first phase.

According to the announcements from 2010, when the hotel-tourist company Primorje sold the Plavi Horizont complex to Qatari Diar for USD 24 million, the new owner should invest EUR 250 million in new, exclusive tourist features.

It was planned for the complex to be completed by Septmeber 2014, but the project had only reached as far as the demolition of the Plavi Horizont hotel. The reason for the delay are unresolved ownership relations, i.e. several court disputes over the expropriation of the land.

Only logged-in users can comment.
Follow the news, tenders, grants, legal regulations and reports on our portal.
Testiraj besplatno!
Register for our daily business bulletin, which is sent to your email address at the end of each work day.
Full information is available only to commercial users-subscribers and it is necessary to log in.
Test for free!
Testiraj besplatno!
Full information is available to commercial users-subscribers only.
Testiraj besplatno!

Log in to view complete information:
Forgot your password? Click here HERE
For free test use, click HERE