Rebel advises on tendering 'Container Terminal and General Cargo’ in Montenegro
The Government of Montenegro has formally decided to privatise the Container Terminal & General Cargo (CTGC) at the port of Bar, sell its States shares (62%) and give CTGC a concession on the use of a port area. With this privatisation the Government aims to develop its port sector and generate additional economic activity. The privatisation is supported by the the European Bank for Reconstruction and Development (EBRD). The Government of Montenegro, through the Ministry of Transport and Maritime Affairs, now invites prospective bidders to submit an Expression of Interest in purchasing the government’s shares in CTGC. Rebel is transaction advisor for the Government of Montenegro.
Here you can find additional information on the invitation to submit Expression of Interest.