Eagle Hills Montenegro, a subsidiary of Eagle Hills, today announced the signing of a landmark cooperation agreement with local partners in Ulcinj to establish Eagle Hills Ecovillage Shas, a new company that will develop a world-class eco-tourism destination in Montenegro.
The agreement represents a major step in bringing to life the vision of EcoVillage Shas — a sustainable tourism development that blends hospitality, nature, and cultural heritage. The project will feature eco-friendly accommodation, wellness and longevity tourism concepts, and recreational experiences, offering visitors an authentic Montenegrin journey while preserving the unique natural environment of the Shas area.
Commenting on the signing, Mohamed Alabbar, Chairman of Eagle Hills, said:
“EcoVillage Shas reflects our deep commitment to Montenegro’s growth as a leading Mediterranean tourism destination. By combining international expertise with strong local partnerships, we aim to deliver a sustainable project that celebrates the natural beauty of Ulcinj while creating long-term economic value for the community.”
Beyond tourism, EcoVillage Shas will serve as a model for eco-sensitive development in the region. By protecting the biodiversity of Lake Šas and honoring the cultural heritage known as the Balkan Atlantis, the project will enhance Montenegro’s global reputation as a destination where nature and history are preserved, while also supporting the local economy through job creation, partnerships with local businesses, and new opportunities for the people of Ulcinj.
