A Chinese loan will help develop Macedonia’s roads

A loan from China will provide a crucial portion of the funding being used by the Macedonian Government to build new highway sections. These highway stretches include key links between from Stip and the existing pan-European, Corridor 10. Once complete the new highway sections will connect Macedonia with Greece and Serbia by road. Other highway sections planned will run from Ohrid to Kicevo and form a portion of the unfinished Corridor 8 intended to connect Macedonia with Albania and Bulgaria. The projects
December 4, 2012 Read time: 2 mins
Route 7 in Kosovo is one of several important new highway links helping to improve connections in the Balkan region
A loan from China will provide a crucial portion of the funding being used by the Macedonian Government to build new highway sections. These highway stretches include key links between from Stip and the existing pan-European, Corridor 10. Once complete the new highway sections will connect Macedonia with Greece and Serbia by road.

Other highway sections planned will run from Ohrid to Kicevo and form a portion of the unfinished Corridor 8 intended to connect Macedonia with Albania and Bulgaria. The projects are expected to begin in the first half of 2013. Macedonia began the construction of the last 28km stretch of the Corridor 10 highway in early 2012, with this work having a pricetag of around €300 million. The majority of the funding for Macedonia’s section of Corridor 10 highway came from the 1166 European Bank for Reconstruction and Development as well as the 1054 European Investment Bank.

Meanwhile neighbouring Kosovo’s Route 7 highway links its capital Pristina with the Albanian border. Work on Route 6 in Kosovo will commence in 2013 and this will connect Pristina to Macedonia. And talks have also been held between the Kosovan and Serbian Governments about a new highway connecting their respective capitals. This would extend Route 7 from Pristina to the border with Serbia and the talks are extremely significant given the troubled recent history between the two nations.

Read more on the Kosovo highway here:
%$Linker: 2 Internal <?xml version="1.0" encoding="utf-16"?><dictionary /> 2 2425 0 oLinkInternal <span class="oLinkInternal"><span class="oLinkExternal">Kosovo's award-winning green highway construction</span></span> Kosovo's award-winning green highway construction false /sections/key-projects/features/kosovos-award-winning-green-highway-construction/ true false%>

For more information on companies in this article

Related Content

  • Terex Finlay puts new I-100RS mobile impact crusher on bauma stage
    March 19, 2013
    The new Terex Finlay I-100RS mobile impact crusher and the Terex Finlay J-1170 jaw crusher will be showcased at bauma as part of the Terex Materials Processing exhibit. Claimed by Terex Finlay to be a compact and aggressive tracked primary jaw crusher, the J-1170 is said to have a robust hydrostatically driven Terex jaw chamber which provides high capacity with large reduction ratios. The jaw chamber configuration can be set up specifically for either processing construction demolition debris or quarrying a
    Read More
  • Sumitomo intends to boost its paver sales worldwide, as vice president international sales Ichiro Shimada explained
    January 6, 2017
    Sumitomo Construction Machinery intends to continue boosting export markets – a project that has been in hand for three years – according to vice president international sales Ichiro Shimada. “Sumitomo is dominant in Japan and we have 70% market share. But the market size is limited, maybe 400 units/year. We’re putting a lot of effort into the Chinese market,” said Shimada. Europe is another key market for Sumitomo and the firm is focussing on countries such as France, Poland and Switzerland, while it has a
    Read More
  • Sumitomo intends to boost its paver sales worldwide, as vice president international sales Ichiro Shimada explained
    April 18, 2012
    Sumitomo Construction Machinery intends to continue boosting export markets – a project that has been in hand for three years – according to vice president international sales Ichiro Shimada. “Sumitomo is dominant in Japan and we have 70% market share. But the market size is limited, maybe 400 units/year. We’re putting a lot of effort into the Chinese market,” said Shimada. Europe is another key market for Sumitomo and the firm is focussing on countries such as France, Poland and Switzerland, while it has a
    Read More
  • Penta’s custom-made plant flexibility
    April 8, 2013
    Penta Automazioni Industriali says it began trading in 1991 in response to increased demand for automation in the handling, stacking, sorting and ageing of concrete elements. The company provides custom-made plants and, through a close relationship with customers, Penta says it is able to continuously improve its products and adapt them to constantly changing market demands.
    Read More

Highlighted Content