American billionaire Donald Trump intends to invest in the hotel business in the coastal area of Montenegro.
Tabloid 24 Sata has reported that local authorities have already received a letter of intent from Trump.
In this Trump expressed interest in buying hotel company HTP Ulcinjska Rivijera in Ulcinj, close to the Albanian-Montenegrin border.
Donald Trump also said that he would like to build hotels and other facilities linked to tourism.
The local media have reported such an investment would be the largest in Montenegro since the republic became independent last year.
By Jim Glenn
E-mail your comments to Jim Glenn here.