PASHA Real Estate Group Management Meets Prime Minister of Montenegro to Discuss Investment and Tourism Development

PODGORICA, Montenegro – PASHA Real Estate Group, an international real estate investor, developer and operator and the owner of Portonovi, one of Montenegro’s leading luxury resorts, met with Prime Minister of Montenegro Milojko Spajić to discuss the development of tourism and tourism infrastructure, the country’s investment environment, and Portonovi’s continued contribution to strengthening Montenegro’s position as an international destination.

The Group was represented by Elchin Gadimov, Chief Commercial Officer and CEO of International Projects, and Matt Balcik, Chief Hospitality Officer. The discussion also covered Montenegro’s growing attractiveness to international investors as the country advances towards European Union membership, as well as the importance of continued public-private cooperation in supporting long-term investment.

PASHA Real Estate Group executives stated: “Montenegro is an important market for PASHA Real Estate Group, and our investment in Portonovi reflects the Group’s long-term confidence in the country and its potential. We greatly value the support of the Government of Montenegro and appreciate the environment that has enabled the Group to successfully develop and operate in the country. We remain focused on creating lasting value by maintaining Portonovi’s position as one of the leading luxury developments in the region.”

Portonovi, PASHA Real Estate Group’s flagship development on the Adriatic coast, brings together the luxury One&Only Portonovi hotel, the internationally award-winning Portonovi Marina, premium residences and villas, restaurants, and lifestyle and leisure amenities within an integrated waterfront destination. The development is one of the largest foreign investment projects in Montenegro and contributes to the growth of the country’s luxury tourism and real estate sectors.

At the conclusion of the meeting, PASHA Real Estate Group representatives once again thanked Prime Minister Milojko Spajić and the Government of Montenegro for their continued support and attention to the development of tourism.