WB6 IIP
Western Balkans Six
Investment Incentives Platform
The Western Balkans Six Investment Incentive Platform is the first of its kind in the region, providing detailed information on available incentives in each of the WB6. It is one of the key measures under the Regional Investment Area, which is part of the Common Regional Market Action Plan 2021-2024.
Developed with input from Investment Promotion Agencies (IPAs) across the region, the platform includes both financial and non-financial incentives, categorized by type, sector, and target audience.
It provides comprehensive information for investors looking to invest in the WB6. As an evolving resource, the platform will be updated every six months to ensure it remains current and relevant.
Subsidies for the Purchase of Electric and Hybrid Vehicles (Eco Fund)
- Economy name
- Montenegro
- ID
- M43
- Incentive name
- Subsidies for the Purchase of Electric and Hybrid Vehicles (Eco Fund)
- Brief description
- Allocation of subsidies for the purchase of new M1 category passenger vehicles that have: exclusively electric drive, use two energy sources - an electric motor and a SUS motor ("plug-in hybrid"), as well as vehicles that use a SUS motor and an electric motor ("full hybrid").
- Legal reference name
- "Law on the Environment ("Official Gazette of Montenegro", no. 052/16, 073/19)"
- Legal reference
law section / article - Article 76 paragraph 4 Law on the Environment ("Official Gazette of Montenegro", no. 052/16, 073/19)
- Incentive group
- Financial
- Incentive category
- Subsidy
- Economy-wide/Sector-specific
- Economy-wide
- Sector (Simplified)
- Energy
- Sector (NACE)
- N/A
- Size of firm that can use incentive
- All sizes of firms
- Level at which incentive is available
- Economy-wide
- Ownership of firm that can use incentive
- Any
- Incentive location
- General
- Main objective of the incentive
- Green transition
- In case of grant, share of grant in investment (in %)
- /
- Contact Info
- Address: Street "II Montenegrin Battalion" No.2C, 81000 Podgorica
- Weblink to Incentive information in English
- Click to open
- Weblink to Incentive information in local language
- Click to open
- Eligibility criteria
description - The primary criteria for the selection of applications is the condition of purchasing vehicles with reduced CO2 emissions (g/km) to increase the energy efficiency of city traffic while simultaneously reducing the emissions of harmful substances in the air and the contribution to environmental protection, as well as the fulfillment of formal and legal conditions.
- Eligibility criteria
weblink - Click to open
- Awarding Authority (Name)
- Eco Fund - Fund for Environmental Protection
- Application procedure + Weblink (where available)
- The application shall be submited in a written form that is defined by the Law and the decision is made within 60 days.
- Implementing Authority (Name)
- Eco Fund - Fund for Environmental Protection