Montenegro: new cablecar

Montenegro’s ministry of tourism has begun tendering for the construction and operation of a gondola cableway, which will connect the coastal town of Kotor with the village of Njeguši in Lovćen National Park.


According to an official statement, the ministry is planning to sign a 30-year concession agreement for operation of the 3.6 km cableway, which should be constructed within a period of one year. The submission period ends on 28th February.

The minimum investment for the gondola cableway and adjacent facilities is estimated at around 18 million euros. The minimum concession fee is 15% of annual profit, the ministry revealed. In the past year, Italian company Leitner has shown an interest in investing 20 million euros in construction of the gondola cableway.