27.03.2009. Tender documents for the Long Beach adopted
Podgorica, (MINA-BUSINESS) – The Government of Montenegro has adopted today tender documents for implementation of the Long Beach tourism valorisation project.
Minister of Economic Development Branimir Gvozdenovic said the tender invitation, which would be published on Saturday, was aimed at collecting bids for the development of a high-end complex with long-term sustainability, including hotel, rest and recreation facilities, residential units, as well as the education, healthcare and cultural centres.
“We expect from the bidders to offer development of a complex that will be functional all year round, providing numerous benefits for the local community,” Gvozdenovic said after the cabinet meeting.
According to the tender documents, an area of 903 hectares of state-owned property will be offered for a long-term lease of 90 years, while the location also includes 316 hectares of privately owned land.
“The private land is not offered to lease, and its valorisation will depend on the arrangement between the owners and the investor,” Gvozdenovic explained.