Following the closure of Tender Process and announcement of appointment, Azmont Investments and Impresa Pizzarotti & C. S.P.A. have signed the 305 mill EUR worth construction management contract.
Azmont Investments states the management of Portonovi project is carried by the company, according to the agreement signed with SOCAR on the December 5, 2012. According to this agreement, all of SOCAR’s obligations, rights, and responsibilities stated in the lease agreement signed with Montenegrin Government were transferred to Azmont Investments.
Azmont Investments is pleased to announce that as a result of transparent tender process, Impresa Pizzarotti & C. S.P.A. has been selected as the main contractor of Portonovi Resort among many well-known companies that have participated on Tender and offered their expertise.
Working hand in hand is crucial enabler for making shared success and bring Portonovi to life in season 2017, concluded during the Government officials’ visit of Portonovi Site where first four residential buildings are already being built. The first One&Only Hotel in Europe is to be opened in season 2018, and the field work has been started.