BRITISH COMPANY DIRECTOR EUECO FOR “NEWS” SAYS THAT MONEY HAVE PROVIDED FOR VALUATION OF LAND OWNS ON THE BUDVA COAST
Budva – Eueco British company that owns part of the land in Budva, near the old town on the coast, ready to immediately start a hotel chain which would be operated by Hilton, but waiting for approval from the government of Montenegro – said yesterday for “Vijesti” Director Euecoa Josh Moran.
– We have the support of the Municipality of Budva, provided the money, made the project, only to get the support of the Government and zapoۍneno implementation – Moran said, noting that the project was the hotel of the future do the strongest house in London projecting WATC.
Given that the site that has Eueco falls under maritime well as on the sea shore, it is controlled by the Government to adopt plan documents and the study site. Plots of about five and a half thousand square meters is located near the restaurant at Don Nicholas, “and it is part of the parking lot, and the remaining green areas.
Moran, who these days resides in Budva, says the project from the beginning supported the former British Ambassador to Montenegro Kevin Lyne, and now the new Knight abmasadorka Kate Sands.
He also notes that one of the largest European investment funds GlobalReach stood behind the entire project, and is willing to invest.
Eueco, meanwhile, concluded a memorandum on future management of the world renowned hotel chain Hilton, a working title of the whole project is “Budva hotel.
Municipality of Budva has supported the project, and for its part is ready to part with their land parcel, which borders the parcel owned by Eueco. Local government is willing to actively assist in the acceleration of obtaining the necessary papers to the investor started with the implementation of the project.
Emphasizing that the project was strategically important not only for Budva, Montenegro, but also the entire tourism director Eueca Josh Moran said to have closed the financial structure for its implementation, which is estimated at around 100 million euros.
– We are ready now to zapoۍenemo just waiting for approval from the government. We had a meeting with relevant ministers and all were declared positive. Even this project during the visit of Prime Minister Milo Djukanovic in London, was assessed as excellent. Even our partner Hilton is ready to wait, until a license, as is very interested in this project – said Moran.
In his words, “Montenegro is a country with five stars, people in five star hotels, so it is a shame not to invest here.”
– We have done everything in our power, now it’s up to the municipal government to jointly help to start implementation as soon as possible. According to our estimates, work on building the hotel would last about two and a half years. Our company was recognized by it to implement only those projects that do not disturb the environment. Construction of the hotel, Montenegro will definitely be a destination for visokoplate