The planned state revenue from the three concessions is EUR 3.82 million
Two stone sites on the territory of Bar and one that is both a stone and white bauxite deposit in Niksic will be offered for concession. The government has adopted information about the preparation of public announcements for these concessions and has given the green light for their announcement.
‘These are the sites of technical construction stone ‘Velja Gorana’ and ‘Velji Zabio’ in Bar and the site of technical-construction stone and white bauxite ‘Medjedje’ in Niksic. The bearing, which is located ten kilometres from Ulcinj and on Volujica Hill, as well as near Budos, will be leased for a maximum of three decades’, daily press Dnevne novine writes.
Concession acts for non-metallic mineral raw material of technical construction stone, as well as for white bauxite ore, it is estimated that concessionaires should have revenue of 71.1 million and pay to the state at least 3.82 million in the same period. A total of 44 new jobs will be created for these purposes.
The concession act include: the subject of the concession, the technical report on the bearings, the term of the concession, the basic parameters for the assessment of the investment justification, the environmental protection measures, the description of the reclamation process, the improvement of energy efficiency, minimum initial amount of concession fee, criteria for selection of the most favourable offer, list of required technical documentation with conditions for its preparation, basic elements of tender documentation and list of regulations that apply in the process of granting the concession and performing the concession activity. This is specified from the Ministry of Economy and added that the Draft Concession Contracts and Bidding instructions are an integral part of the act. They also point out that concessions are given for the ‘rational, economical, proper and efficient use of natural resources, goods in general use and other goods of general interest’.