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Aug 17, 2009 14:39 EEST
August 17 (SeeNews) - The Montenegrin government said it has extended to February 15, 2010 from December 1, 2009 the deadline for the submission of binding bids for the construction, management and long-term lease of tourist facilities in its Adriatic resorts of Ada Bojana and Velika Plaza.
The government’s assets-selling agency gave no further details in the two separate statements it issued late last week.
This is the second deadline extension in the two tenders after the agency in May pushed back the initial September 1 deadline to December 1.
Ada Bojana is an island off the southernmost Montenegrin Adriatic coast. It is fully owned by the state. Velika Plaza is a holiday village and a hotel complex located on the Adriatic, close to the town of Ulcinj.
In February 2008, Montenegro invited investors to express interest in developing an upscale resort on Ada Bojana. A month later it invited investors to bid for the Velika Plaza development project.
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