Four million euros will be invested in the fortress of Mamula this year
Way to Montenegro https://waytomonte.com
11.02.2019
12:00
1991
8
0
All the preparatory work on the territory of the ancient fortress of Mamula, which is located on Lastavica Island at the entrance to the Bay of Kotor, will be completed by March this year, and also a showroom will be created on the island for the presentation of all the possibilities and the 3D model of the future hotel-museum Mamula.
It is also reported that in the second quarter of this year, construction and restoration work will begin on the territory of the Mamula fortress. According to the information provided by the investor, the company Orascom Hotels Management Mamula Montenegro, this year four million euros will be invested in the reconstruction of the Mamula fortress and the construction of the five-star hotel-museum Mamula.
This year, it is planned to invest 160,000 euros for the reconstruction and expansion of the pier in the village of Miriste, as well as to ensure constant power supply, an electric network will be built to the Mamula fortress from the neighboring Cape Arza, for which another half million euros will be allocated.
As for financial obligations and investments last year, the tenant paid the state an annual rent of 47,772 euros and invested 869,932 euros. In total, at the moment, 2,103 million euros were spent on the project of the five-star hotel-museum of Mamula, which went mainly to the preparation of project documentation, equipment, preparatory work, remuneration of employees and the involvement of consultants.
It is also reported that in the second quarter of this year, construction and restoration work will begin on the territory of the Mamula fortress. According to the information provided by the investor, the company Orascom Hotels Management Mamula Montenegro, this year four million euros will be invested in the reconstruction of the Mamula fortress and the construction of the five-star hotel-museum Mamula.
This year, it is planned to invest 160,000 euros for the reconstruction and expansion of the pier in the village of Miriste, as well as to ensure constant power supply, an electric network will be built to the Mamula fortress from the neighboring Cape Arza, for which another half million euros will be allocated.
As for financial obligations and investments last year, the tenant paid the state an annual rent of 47,772 euros and invested 869,932 euros. In total, at the moment, 2,103 million euros were spent on the project of the five-star hotel-museum of Mamula, which went mainly to the preparation of project documentation, equipment, preparatory work, remuneration of employees and the involvement of consultants.
+8
-0
Found a mistake. Highlight the text and press +
en
Rate the news by sharing with friends
Leave review
More news from Montenegro
-
Way to MontenegroYou still think where to go in autumn? Without doubt, go to Montenegro! Autumn in Montenegro is beautiful and amazing: days are still so warm, that you can swim and sunbathe. Evenings are little...More 5042 3
-
Way to MontenegroAt the international yacht show MYS (Monaco Yacht Show), which will be held from 26 to 29 September 2018 in Monaco, Adriatic Marinas presented the project of the main port for super yachts and the...More 4499
-
Way to MontenegroThis week, new children's playgrounds were opened in two districts of the Kotor municipality - in the village of Rakita and on the embankment of the village of Dobrota. According to Kotor...More 2198 7
-
Way to MontenegroThe largest private yacht in the world - the 180-meter yacht Azzam (translated from Arabic as “decisive”), sailed this morning to the seaport of Porto Montenegro, which is located...More 27076 45 6
-
Way to MontenegroMontenegro is a small, picturesque and very diverse Balkan country that is located on the Adriatic coast. It is an ideal place for a family holiday with children, a romantic trip and even for those...More 3068 12
-
Way to MontenegroTelecom, which provides cellular communication services in Montenegro, Internet access, cable television and a number of related products and services, has prepared for tourists a new summer offer...More 4127 9
-
Way to MontenegroAfter several unsuccessful attempts and tenders, the construction of the fountain in the central city square in Plevlja will be continued in the near future. This project will be implemented by the...More 3020 7
-
Way to MontenegroIn Herceg Novi, there have not been enough hotels for many years. The last two or three years, several small hotels have been built. At the moment, a large hotel and resorts are being built, the size...More 6037
-
Way to MontenegroThis year in Montenegro, a new rule was adopted for the use of beaches, which should please all guests of the country - namely, after 5:00 pm, the use of sun beds and umbrellas on public and other...More 2630 15
-
Way to MontenegroPolish company "OT Logistics" offered 7.1 million euros for a 30% stake in the port of Bar, now owned by the state. The company promises a 17 million euro investment over the next three...More 4612
-
Way to MontenegroChildren's entertainment center "UP" - a new favorite vacation spot for kids and their parents! New children's entertainment center "Up", in Podgorica, where children and their...More 5337
-
Way to MontenegroThe project for the construction of an elite residential area in Montenegro - Lustica Bay is presented at the International Yacht Show "The Boot Düsseldorf", which will be held from 20...More 4260 8
-
Way to MontenegroWAYTOMONTENEGRO Company sincerely congratulates you on the Old New Year 2018! We wish you creative energy, financial success and health! Let the year 2018 be full of pleasant surprises and new...More 3419
-
Way to MontenegroIn the ski resort Savin Kuk (Zabljak), which is located in the north of Montenegro, they have begun preparations for the winter season, namely, a major overhaul of cableways and lifts is...More 1330 5
-
Way to MontenegroThe new law on road transport provides for the introduction of a new bus, following the route Airport - Hotel. Misconduct of taxi drivers from Budva has to come to an end. The Ministry of Transport...More 5463
-
Way to MontenegroThe state-owned enterprise for managing the sea coast of Montenegro, Morsko Dobro, announced the opening of a public tender for the rental of 16 beaches and public bathing facilities in the Herceg...More 1725 10
-
Way to MontenegroAccording to the latest data of Population Census in 2011 there were 186 thousand residents in Podgorica. In two and a half years number of inhabitants has increased to 217 thousand. And according to...More 6105
-
Way to MontenegroAccording to Marco Rakocevic, the secretary of the municipal service and traffic, there is a sufficient number of taxi drivers in Podgorica. "There are certain problems caused by the fact that...More 4539 4
-
Way to MontenegroToday, the agency "UNA Montenegro" has presented its new project called "Quad foto safari" - Photo of a quad-bike safari in Montenegro, in honor of which an advertising promo tour...More 2887 6
-
Way to MontenegroAccording to the meteorologist of Montenegro, the weather will be mostly cloudy with a little snow, with rain on the coast and in the southern parts. In some areas, precipitation is expected in the...More 5061
