The cost of construction contracts in Montenegro increased by almost 300%

Total value of completed construction works in Montenegro in the 4th quarter of 2010 increased by 60.7% compared to the same period of 2009 and by 51.3% compared to the 3rd quarter of 2010. Such data are the official statistical control of Montenegro. Even more impressive growth shows the aggregate value of contracts for the construction of new buildings in Montenegro, which is in the 4th quarter of 2010 increased by 168.4% compared to the same period of 2009 and 295.6% compared to the 3rd quarter of 2010 th year. These figures speak eloquently about the resumption of construction activity in the country after the heavy crisis of 2008-2009. According to Balkans.com