The construction industry in Podgorica

The construction industry in Podgorica, Montenegro, is growing rapidly. The city is experiencing a boom in new construction, including residential, commercial, and infrastructure projects. This growth is being driven by a number of factors, including:

• Economic growth: Montenegro’s economy has been growing steadily in recent years, and this has led to an increase in demand for new construction.
• Foreign investment: Montenegro has been attracting significant foreign investment in recent years, and this has also contributed to the growth of the construction industry.
• Government investment: The Montenegrin government is investing heavily in infrastructure projects, such as new roads, bridges, and airports. This has also boosted the construction industry.

The construction industry in Podgorica is dominated by a number of large, well-established companies. However, there are also a number of smaller companies that are active in the market. The industry is also characterized by a high level of employment.

Some of the major construction projects that are currently underway in Podgorica include:

• The construction of the new Moraca Bridge
• The construction of the new Podgorica Airport
• The construction of the new Podgorica-Kotor highway
• The construction of a new shopping mall in the city center
• The construction of a new sports complex

The construction industry in Podgorica is expected to continue to grow in the coming years. The city is well-positioned to attract further foreign investment, and the government is committed to investing in infrastructure projects. This growth is expected to benefit both the construction industry and the wider economy.

You can visit our Podgorica real estate listings page.