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Local
Authority in Budva Allows Investors to Realize their Ambitious Plans: With the
introduced changes in the Spatial Plan for this city, local authorities added
six new locations on the coast of this Municipality, which would be used for
the building of elite tourist complexes. This move would allow investors to
fulfill their ambitious plans. In words of the Director of the Agency for
Spatial Planning, Aleksandar Ticic, there are already announcements that
several hotels would be built.
Budva - With the introduced changes in the Spatial
Plan for this city, local authorities added six new locations on the coast of
this Municipality, which would be used for the building of elite tourist
complexes. This move would allow investors to fulfill their ambitious plans.
In
words of the Director of the Agency for Spatial Planning, Aleksandar Ticic,
there are already announcements that several hotels would be built.
"What
is certain is the announcement of the building of "Kempinski" hotel at Smokvica
locality near Rezevici. I hereby remind that the Municipality has sold around 60,000 square meters
of land to the Russian company "Vas Invest", which brought the amount of land
owned by this company to the total of 200,000 square meters.
Building
of tourist capacities, with accompanying facilities, covering estimated 40,000 square meters
of this land is planned. Alongside this hotel, this locality would also have 30
luxurious villas for renting", Ticic announced.
He
added that the building at Zavala would continue and that the building of a
luxurious hotel, in the shape of the sail, should commence soon.
"The
investor, Russian company ‘Mirax' is finishing with the building of villas.
Building of the hotel, which would resemble Dubai's famous hotel in the shape of the
billowing sail, would start soon.
In the bay of Becici,
building of hotel "Sheraton" would commence.
We have
another huge investment underway - the building of "Radisson" hotel, at the
locality of Rijeka Rezevica. Investors have already presented us with a
preliminary contract with "Radisson" company. It is certain that all of this
would commence and that majority of works would be completed during the next
year", Ticic adde.
He
announced that the building of Aqua
Park at Toplis would be
completed by the end of May next year, as this project has been taken over by
Russian company "Mirax."
Although
the global crisis is disturbing everyone across the globe, in his words, not a
single investor in the Municipality
of Budva has cancelled on
their investments, nor has any project been put to a halt.
"Up
until now, we have not felt that any of our investors had any problems. Once
all the plans are adopted, we shall see", Ticic said.
Building
of "Avala" Hotel Continues
New
detailed plan of "Budva
Center", in Ticic's
words, has allowed the investor - company "Beppler and Jacobson" - to continue
with its' construction activities at the hotel complex "Avala."
During
the first two phases, investor has completed the building and adaptation of a
villa and new "Avala" has taken place of the old one. The new hotel would
resemble the original object of hotel "Avala", which existed back in 1930s.
"From
all that I know, investor will restore the original look of the hotel ‘Avala',
and restore its' outlook from the period prior to the earthquake, the way it is
remembered by the Budvans. As far as number of floors is concerned, they have a
possibility to build one additional floor. Whether they will or will not use
that, I do not know. What is most important is that Budva will get the hotel
which is remembered by its' inhabitants", Ticic stated.
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