Posts tagged: Lastavica

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Orascom plans for Mamula

Montenegro News - 21/04/2014

The Orascom Company which is developing Lustica Bay Resort is interested in developing the small island of Lastavica and the Mamula fortress situated on it. Orascom participated in the tender held by the government of Montenegro. They offered 1,5 EUR per sq m for the 49 year lease of the island and 0,9 EUR/m2 for the lease of the water…

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