Montenegro's Lustica 1600 apartment, 750 villa's and 8 hotel development should start by year end

7 July, 2011

Lustica Development, a subsidiary of Swiss-based Orascom Development, expects to receive the necessary permits and begin developing the first phase of its €1.1bn Lustica Bay tourism project in Montenegro by year-end, says Orascom CEO Samih Saviris reports Property Investment News.

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