Montenegro

Montenegro

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Montenegro Montenegro

  • Population: 0.6 million
  • GDP: €4.9 billion
  • GDP per capita: €7,960
  • Public Debt: 108.85% GDP
  • EU Candidate: December 2010

'As a financial blending instrument, the WBIF is offering favourable conditions when it comes to implementing the Connectivity Agenda and the European Green Deal in order to link Montenegro to TEN-T and TEN-E corridors.'

Ambassador Oana-Cristina Popa

Since 2009, the WBIF has supported 20 projects with an estimated value of €1.8 billion in Montenegro.

The country has benefited from 49 grants totalling €195.3 million in technical assistance and investment co-financing. The EU grant support channelled through the WBIF accounts for €170.9 million and covers both technical assistance and investment works. Other donors have contributed €24.4 million as well

195.3 m

Investment grants:  € 151.1 m

Technical assistance: € 44.2 m


1.8 bn

250  m

WBIF Grants

IPA II bilateral grants

Transport

Sustainable Transport

€131.1m

€13.5m

Energy

Clean Energy

€29.5m

-

Environment

Environment & Climate

€32.8m

€18.8m

Social

Human Capital

€1.4m

€37.7m

Digital infrastructure

Digital Future

€0.5m

-

Competitiveness

Breakdown of support provided below

€96.9m

Total

€195.3 m

€166.9 m

Achieved results

(2009 – 2021)

  • Improved water/wastewater systems for 70,000 people
  • Efficient solid waste services for over 185,000 people   
  • Flood forecasting and warning system for 192,000 people in the Sava River Basin

Expected results

(2022 – 2030)

  • 100 km of motorways   
  • 147 km of railway lines rehabilitated   
  • 287 km of electricity transmission lines upgraded
  • 95 km of gas pipelines
  • Improved water/wastewater systems for 420,000 people   
  • Efficient solid waste services for over 112,000 people  
  • 48,700 people with access to next-generation networks in 'white zones'   
  • New prison facility in line with European standards for 200 detainees

Support to Private Sector

The Western Balkans Enterprise Development & Innovation Facility

  • €28.1m in financing for SMEs
  • 943 SMEs supported
  • 2 equity investments (€0.7m)
  • €3.1m in technical assistance and advisory to SMEs

European Fund for Southeast Europe

  • €236.7m sub-loan investments
  • 38,554 sub-loans provided
  • 2,658 beneficiaries supported

Green for Growth Fund

  • €4.3m sub-loan investments
  • 1,804 sub-loans
  • 9,095 MWh/yr primary energy savings
  • 2,874t CO2/yr emissions reduction

The Regional Energy Efficiency Programme

  • €1m in financing for residential sector (GEFF)
  • €4.2m in direct financing for private sector
  •  Improved energy efficiency

Latest Montenegro News

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The EU in Montenegro launches campaign 'Our friendship is a success story'
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28-02-2022

The EU in Montenegro launches campaign 'Our friendship is a success story'

The European Union in Montenegro has launched a new campaign entitled “Our friendship is a success story”, whi...

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European Commission launches €3.2 billion investment package in the Western Balkans
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25-02-2022

European Commission launches €3.2 billion investment package in the Western Balkans

Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...

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EU funded study for the improvement of the digital infrastructure in Montenegro
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20-01-2022

EU funded study for the improvement of the digital infrastructure in Montenegro

The development of Digital Infrastructure in Western Balkan countries constitutes a Flagship for European Unio...

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Videos

Publications

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WBIF Newsletter April 2022
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08-04-2022

WBIF Newsletter April 2022

WBIF Newsletter April 2022

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WBIF 2022 Endorsed Flagship Projects
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25-02-2022

WBIF 2022 Endorsed Flagship Projects

The WBIF, on 23 February 2022, endorsed 21 flagship projects in key railway, road and waterway interconnection...

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Broadband Infrastructure Development in Montenegro
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26-01-2022

Broadband Infrastructure Development in Montenegro

Project fiche on the WBIF TA grant WB21-MNE-DII-01 for the feasibility study on broadband infrastructure devel...

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Partner Financial Organisations

Western Balkan Partners