Montenegro selects South Korean consortium for airport development
The Government of Montenegro has made an important decision regarding the development of its transport infrastructure. In April 2026, the country's officials announced their intention to enter into a concession agreement with a South Korean consortium.
This event was the result of a lengthy tender process, in which the South Korean company Incheon was declared the winner. The concession involves transferring the management of the country's airports under specific terms, which is expected to facilitate the modernization of the facilities and improve the quality of passenger service.
For Ukraine, which is actively working on attracting foreign investment and developing logistics routes, Montenegro's experience is significant. Using the concession mechanism allows the state to attract international capital and modern technologies to manage strategically important facilities without the need to sell state property.
Currently, the parties are preparing to sign an official contract that will define the rights and obligations of the investor. It is expected that this project will become one of Montenegro's largest infrastructure steps in recent years, which will significantly strengthen its position in the international air travel market.