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Podgorica

Podgorica Municipality, Montenegro

Population
185,937
Area
1441 km²
Download PDF Contact Municipality

Investment Overview

Podgorica is Montenegro’s capital and administrative centre with airport access and growing services capacity.

Talent & Demographics Population: 185,937
Labor Force
79,000
Unemployment Rate
12.2%
Average Age
39.6
University Graduates
18,000
Vocational Graduates
13,500
Higher Education Share
31%
Secondary Education Share
N/A
Primary or Lower Education Share
N/A

Talent & Demographics Snapshot

Connectivity Airport: Podgorica Airport
Nearest Airport
Podgorica Airport
Airport Distance
11 km
Closest Capital Cities
Tirana 160 km; Sarajevo 230 km; Belgrade 450 km
Transport Links
Airport, rail, regional highways
  • Highway Access
  • Rail Connection
  • Port Access
Utilities & Digital Infrastructure Gas network: YES
Electricity Reliability
98.8%
Broadband Coverage
91%
Avg. Internet Speed
70 Mbps
Utility Operators
EPCG, water utility, telecom operators
  • Industrial Water Supply
  • Natural Gas Access

Utilities & Digital Infrastructure Snapshot

Costs & Business Environment Avg. gross wage: €930/mo
Avg. Industrial Rent
€5.1/m²/mo
Avg. Office Rent
€12/m²/mo
Avg. Gross Wage
€930/mo
Corporate Tax Rate
9%
Electricity Cost
€0.16/kWh

Costs & Business Environment Snapshot

Investment & Economy
Foreign Direct Investment
N/A
FDI per Capita
N/A
Gross Value Added
N/A
GVA per Capita
N/A
Real Estate & Zoning Industrial zones: NO
Industrial Zones
3
Available Land
190 hectares
Avg. Land Price
€70/m²
Business Parks
YES
  • Greenfield Sites
  • Brownfield Sites

Real Estate & Zoning Snapshot

Quality of Life Universities: 1
Hospitals
6
Universities
1
International Schools
2
Air Quality Index
83
Green Space per Capita
25 m²

Quality of Life Snapshot

Local Government Capacity Investor office: YES
Avg. Permit Time
45 days
Response Time
4 days
  • Investor Office
  • English Support
  • Incentives Available

Local Government Capacity Snapshot