The paper discusses the natural resources of the northeastern of Montenegro as a factor of socio-economic development. Based on the properties of relief, we have selected three relatively homogeneous regions for economic development. Area sub region alluvial plains of rivers, river terraces, lake sediments Berane, Andrijevica and Polimlja Valley has the most favorable conditions for intensive agricultural production, summer tourism, construction and transport development. Diversity and complementarily of water resources is the main characteristic of the considered region, which is of particular importance for the future economic development. In the water resources, we looked at the possibilities of exploiting hydropower, water supply of population and industry, agriculture water supply. Thanks to the geological structure of the valley Berane there are significant reserves of brown coal and lignite (total reserves are 176.231.197 tons). Program development and production of coal in the valley Berane would cause intense regrouping and integration of industrial enterprises and caused the need for capacity expansion (Beran Village, Dolac). In the region, appear to ore metals: lead, zinc, copper, iron and pyrite. From non-metallic mineral resources, occupy their presence and reservoir construction materials: gravel, sand and decorative stone. Agricultural land is an important part of the natural wealth of the region. In the period 1964-2005 in the agricultural land there was a change in the way of exploitation to reduce the area under fields and gardens and pastures and increased the area under orchards and meadows.