Adriatic Marinas is planning to invest €500m into the Porto Montenegro resort in Tivat over the next 10 years. “So far, we have only built on 30 percent of the total area of 24 ha covered by the former Tivat military shipyard Arsenal. To date, we have invested around €500m, and we believe that in the next 10 years we will invest at least as much to build new facilities and develop only half of the remaining land of the former Arsenal,” said Danilo Kalezic, public relations and marketing manager of Porto Montenegro. A new business center, Ambulance Club, is scheduled to open soon at the resort, according to Kalezic.
