News archive - NTP Science and Technology Park – Montenegro's biggest investment in Innovation

The Science and Technology Park (NTP), an investment worth 12m euros, will have the task of generating the necessary energy and being a gathering place for scientists and researchers and technology-oriented companies with the potential for rapid growth and performance, which will offer new solutions for new times, said Prime Minister of Montenegro Dusko Markovic at the ceremony on the occasion of the beginning of works on the construction of the NTP.

Prime Minister Markovic welcomed the decision of the University of Montenegro, in partnership with the Ministry of Science, to realize this valuable investment, which will encourage its competitiveness. He emphasised the Government's commitment to invest more generously and decisively in development and prosperity, even in the most challenging times.

Referring to the latest challenging global developments, the Prime Minister said that during the recent rebalance the budget of the Ministry of Science was largely preserved, in a way that ensures that all programs of support for scientific research and innovative activities are implemented in full. "I remind you that, thanks to these activities, 170 young people have secured jobs so far, of which 40 are doctoral students, while this year the number of supported doctoral students will be increased to 50, and funds in the amount of 2.3 million euros have been provided.", said the Prime Minister and pointed out that the new legal framework for innovation and technological development will enable a major step towards creating a favorable environment for innovation in Montenegro.

Minister of Science Sanja Damjanović said that this is not just another facility, but the centre and driver of a new force for our economy, from which we expect a quick return on this investment. Thanking the Prime Minister and the Government for their support to the investment of EUR eight million, Minister Damjanović also thanked the company Telekom for providing significant support in equipping the Science and Technology Park and the future development of its services, worth EUR 1.5 million, both financial and equipment support. "We expect that this place will be interesting for other donors, but also for investors," said the Minister and praised the great cooperation they have with the innovative and IT community.


Geographical focus
  • Montenegro
Scientifc field / Thematic focus
  • General

Entry created by Admin on June 24, 2020
Modified on June 24, 2020