The Government of Montenegro approved a contract for awarding a concession for the commercial use of the Shipyard Bijela with two prestigious companies in the maritime industry, local luxury marina operator Adriatic Marinas and Dutch defense, shipbuilding and engineering conglomerate Damen NV. The concession will refer to a period of 30 years and they plan to invest €20 million in the next three years. At the site of the former shipyard, these two companies will set up a new center intended for repair and service of mega and super yachts.
It is located in a fenced circle of the mentioned shipyard harbor whose surface area is about 108 thousand square meters, while the area under the buildings is about 25 thousand square meters.
As previously announced, a new yacht repair and service center will be able to repair yachts up to 120m in length. The center will have a large synchro lift, several travel lifts of greater capacity, and four modern refurbishment workshops, one of which will be completely closed, intended for painting the yacht.
By opening this repair center for mega and super yachts, Montenegro will complete the offer in the sphere of nautical tourism, so that the owners of the vessel, in addition to the existing amenities (berth for yachts up to 250m, tax-free diesel, 7% VAT on services provided by the marina, 0% charter tax), will have all that is necessary for their boat during the summer and winter season.