Montenegro has extended the bidding deadline for ECOlodge until Dec. 21, according to the country’s privatization authority. The new deadline was needed in order to secure a long-term lease for the land that the ECOlodge tourist complex will go up on.
The plans call for creating a 13,300 sqm tourist resort on the island of Vranjina in Skadar Lake in the Montenegrin municipality of Podgorica. The government began the development process for the project in 2013.