On November 29, 2024, Budva hosted one of the most significant events for the tourism, real estate, and construction sectors – The International Summit on Tourism, Real Estate, and Construction Montenegro 2024, organized by TurkCham Montenegro. TurkCham welcomed prominent industry leaders, investors, government representatives, and experts who discussed key challenges and opportunities in these sectors, with a particular focus on Montenegro as an emerging market.
The summit began with an opening ceremony featuring inspiring speeches. Mustafa Aslan, Vice President of TurkCham Montenegro and President of Asmira Group, highlighted the importance of connecting tourism, construction, and real estate sectors, emphasizing Montenegro as an ideal destination for future investments. His address was complemented by H.E. Bariş Kalkavan, Turkish Ambassador to Montenegro, who underscored the importance of international cooperation and investment in Montenegro’s economic growth.
Key Panel Discussions
The main program included two panel discussions gathering experts from various fields. The panelists addressed a wide range of topics, from strategic investments and sustainable development to technological innovations and industry challenges.
Among the panel participants were:
- Slaven Radunović, Minister of Spatial Planning, Urbanism, and State Property of Montenegro.
- Radojica Petrović, Deputy Director of the Investment Agency of Montenegro.
- Ljiljana Ćukić, Manager at the National Tourism Organization of Montenegro.
- Mustafa Aslan, Vice President of TurkCham Montenegro and President of Asmira Group.
- Ozan Şener, President of Mia Investment.
- Muttalip Ilhan, General Manager of Turkish Airlines Montenegro.
The discussions were moderated by Huseyin Murat Kayacan, a renowned expert in international business, investments, and real estate, ensuring productive and dynamic debates.
Critical Topics Addressed
The panels covered numerous crucial topics essential for the future development of these sectors:
- Tourism and Real Estate Development: Current trends, challenges related to urbanization, the luxury real estate market, and strategic investments were analyzed.
- Role of Sustainable Development: Panelists emphasized the importance of implementing sustainable construction practices aligned with EU standards.
- Digitalization in Tourism: Discussions revolved around technologies that could enhance the tourism experience, such as digital booking platforms and global promotions.
- Maritime Tourism and Coastal Investments: Montenegro was recognized as a destination with immense potential for marina development, luxury coastal properties, and tourist facilities.
A dedicated segment of the program focused on exhibition stands, where companies from the tourism, construction, and real estate sectors showcased their innovative projects, products, and services. These presentations provided in-depth insights into key trends and collaboration opportunities, further sparking the interest of investors and business partners.
Following fruitful discussions, participants gathered for a cocktail reception and B2B networking sessions, offering opportunities to exchange ideas, negotiate future collaborations, and build business connections. These sessions proved invaluable for strengthening relationships and exploring potential business prospects.
The summit concluded on an optimistic note, emphasizing key recommendations to shape future strategies:
- Encouraging foreign investments through streamlined administrative procedures.
- Promoting sustainable development as a cornerstone for long-term sector viability.
- Strengthening ties between the private and public sectors to accelerate the development of critical projects.
- Focusing on innovations and digital technologies to enhance Montenegro’s tourism offerings and bolster its global reputation.
The The International Summit on Tourism, Real Estate, and Construction Montenegro 2024 successfully laid the groundwork for enhanced collaboration and strategic sector development in Montenegro. Organizers announced that the next summit would feature an even larger number of participants and additional industry-relevant topics.
Montenegro has once again demonstrated its potential to become a regional leader in tourism, real estate, and construction, with this summit serving as a pivotal step in that direction. We eagerly await the next edition of this significant event!
