SEE’s GDP grew faster than that of the EU in 2001-2019; predicted to accelerate in the years to come
Starting a business in the SEE is the easiest compared to Latin America, East Asia and Pacific, Middle East and North Africa in terms of days and procedures
Strong investors’ confidence in the SEE - bringing steady above US$7bn per year to the region in the period 2018-2019
Continuous improving business environment – Doing business ranking in 2019 shows major progress of the region compared to 2008
Access to EU market, Russia, Middle East via Turkey; strategic location for investment and trade opportunities and abundance of geo-natural resources
Availability of skilled workforce across various sectors, particularly manufacturing, ICT, further strengthens region’s FDI regime
SEE region offers competitive lending rates, lower than major emerging markets such as BRICS
SEE is emerging as an innovation hub with smart and innovative technology solutions
GDP USD 11.87 billion
GDP per capita USD 4,126
population 2,876,000
FDI (2013 - 2017) USD 5,300 million
GDP USD 16.55 billion
GDP per capita USD 4,298
population 3,854,000
FDI (2013 - 2017) USD 1,755 million
GDP USD 6.62 billion
GDP per capita USD 3,602
population 1,839,000
FDI (2013 - 2017) USD 1,189 million
GDP USD 10.91 billion
GDP per capita USD 5,264
population 2,073,000
FDI (2013 - 2017) USD 1,387 million
GDP USD 4.18 billion
GDP per capita USD 6,707
population 623,000
FDI (2013 - 2017) USD 2,489 million
SEE region is one of the fastest growing regions in Europe, with rates forecasted at 3%-4%. In addition, the region is marked by overall macroeconomic stability featured by low inflation, low budget deficit and stable public debt. SEE region’s economies are continuously improving their business environment, offering a favorable cost structure — characterized by comparatively low labor and utility costs, and a favorable tax regime. SEE’s location provides easy connectivity for trade and transportation, with great position to serve the markets of the EU, Russia, Turkey, the Middle East, and Northern Africa.
Favorable tax regime & Attractive lending rates
Strategic location & Interconnected region
Skilled workforce
Abundance of geo natural resources
A2A, the Italian utility company, ended the process of selling its 41.75% stake in the Montenegrin energy company Elektroprivreda Crne Gore.
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In 2010 the Government of Montenegro adopted two key documents: “Draft Detailed Spatial Plan for an area of multipurpose accumulations on the Morača river” and “Draft Strategic Environmental Assessment”, developed by the Norwegian consortium COWI, Oslo.
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According to the existing documentation, HPP Komarnica would be frontal HPP and accumulation in the basin of river Piva.
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Aerodromi Crne Gore JSC Podgorica were registered at the Montenegro, as a joint-stock company for service activities in air traffic.
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The Island of, located at the mouth of Kotor Bay and Mamula fortress, is undergoing a repurposing project operated by the established company Orascom Hotel Management Mamula Montenegro.
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The Russian oil and gas company, Novatek, plans to invest 40 million euros in geological exploration in Montenegro, according to Moscow media. In September 2016, Montenegro signed a concession contract with Novatek and the Italian Eni for the development of research blocks 4118-4, 4118-5, 4118-9 and 4118-10, with a total area of about 1,200 square kilometers of Montenegrin territorial waters.
Read More“Governments of the region should learn from Kosovo example to further improve competitiveness of the region.”
“We see region bound to EU only.”
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