The Government of Montenegro, in association with Opulence Capital, a globally integrated financial services group headquartered in Riyadh, Saudi Arabia, is proud to announce the establishment of Opulence Capital Montenegro. This strategic initiative aims to attract over €5 billion in Foreign Direct Investment (FDI) to diversify and enhance Montenegro's economic landscape.
Opulence Capital Montenegro, a joint venture between the Government of Montenegro and Opulence Capital, will manage the fund. The fund's primary focus is on fostering public-private partnerships (PPPs) and similar structures to stimulate economic activity across key sectors, including high-end gaming and hospitality, financial services, and renewable energy production.
"This partnership marks a pivotal moment for Montenegro's economic development. By leveraging Opulence Capital's global expertise and the Government's commitment to growth, we are poised to create a dynamic environment that attracts substantial foreign investment and fosters sustainable economic diversification," said Ms. Sladjana Matovic, Executive Director, Opulence Capital Montenegro.
Opulence Capital brings a wealth of experience to this venture. The group operates across various sectors, including asset management, project finance, capital management, private credit, and financial advisory services. Their diversified approach and relations with key sovereign wealth funds and development funds globally enable a landmark approach to regional foreign direct investment and project execution.
The Montenegro Development Fund will collaborate closely with key development funds in the Gulf Cooperation Council (GCC) region, such as the Saudi Development Fund, the Qatar Fund for Development, and the Kuwait Fund for Arab Economic Development. These partnerships aim to introduce projects that stimulate industries in Montenegro, including high-end gaming and hospitality targeting ultra-high-net-worth tourism, financial services, and renewable energy production.
The Montenegro Development Funding Initiative represents a forward-thinking strategy to attract substantial foreign investment, fostering economic diversification and sustainable growth in Montenegro.
About Opulence Capital
About Opulence Capital
Opulence Capital is a globally integrated financial services group headquartered in Riyadh, Saudi Arabia. The group operates across various sectors, including asset management, project finance, capital management, private credit, and financial advisory services. Their diversified approach and commitment to vertical integration enable them to deliver turnkey solutions and maximize operational efficiency. For more information, visit https://opulence.net.
