S&T Country Report - Albania - WBC-INCO Net

MIPA’s activities offered to foreign investors are:
• Being a business partner and actively facilitating business needs;
• Providing with relevant information on the investment climate, institutional
framework and related legal issues;
• Assisting in obtaining permits and licenses on national and local levels of
authority;
• Developing specific strategies for concrete sectors and countries;
• Helping to locate green field and brown field site options according to specific
requirements;
• Giving initiatives and supporting cooperation with domestic supplier
companies and other local partners;
• Maintaining an investment database;
• Identifying eventual “red tape” obstacles to doing business in Montenegro and
providing recommendations to the Government for its systematic removal; and
• Advertising projects with an aim to create a relationship between Montenegrin
companies and people and foreign investors.
Name: Agency of Montenegro for Economic Restructuring and
Foreign Investments
Contact: Jovana Tomaševića bb, 81000 Podgorica, Montenegro
Email: gordab@mn.yu; lidijaj@mn.yu
Website: http://www.agencijacg.org
The Agency of Montenegro for Economic Restructuring and Foreign Investments was
established by the Law on the Agency of Montenegro for Economic Restructuring
and Foreign Investments, passed at the Assembly of the Republic of Montenegro,
dated July 11, 1990.
The Agency was created in order to cope with the problems of economic
transformation and privatization on one hand, and with the need to attract foreign
investors on the other. The Agency activities related to foreign investment, principally
concern legal and financial consultation and promotion. Since it was founded, all
initiatives, contacts and foreign investment business operations in Montenegro, have
been handled by the agency.
Agency of Montenegro for Economic Restructuring and Foreign Investments is
organized in two centres:
• Transformation and Privatization Center; and
• Foreign Investment Center.
Transformation and Privatization Center
Transformation and Privatization Center deals with enterprises transformation
problems (estimation, transformation and privatization programs - The Property and
Management Transformation Law "Official Gazette of the Republic of Montenegro",
no. 2/92 and 27/94, identification and valorization of the Republic area potentials,
page 22/MNE