Skip to main content

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

  • Conductix-Wampfler offers new storage and rack solutions for mobile cranes
    January 6, 2017
    Conductix-Wampfler, the mobile energy and data transmission system manufacturer, will focus at Bauma on the growing trend towards the electrification of construction and mining machinery, the company says. For example, higher fuel costs are driving a new generation of intelligent solutions for mobile cranes says the company and the fly jibs required for these vehicles are being designed to allow maximum flexibility when specialist assignments need to be carried out.
  • Conductix-Wampfler offers new storage and rack solutions for mobile cranes
    March 27, 2013
    Conductix-Wampfler, the mobile energy and data transmission system manufacturer, will focus at Bauma on the growing trend towards the electrification of construction and mining machinery, the company says. For example, higher fuel costs are driving a new generation of intelligent solutions for mobile cranes says the company and the fly jibs required for these vehicles are being designed to allow maximum flexibility when specialist assignments need to be carried out.
  • Marini’s eTOWER 2500 of strength
    April 8, 2013
    Marini’s new eTOWER 2500 asphalt plant on show at bauma 2013 is capable of producing 200tonnes/hour of asphalt. Details of the full Fayat-owned Marini brand range will also be available at the world’s biggest construction equipment show in the Fayat Group’s ‘Asphalt Pavilion’. The Pavilion, which will include touchscreen and videowall presentations, will include a special focus on Marini mobile and warm mix asphalt lines.
  • Haulotte sees sales growth in 2012
    January 6, 2017
    French access and telehandler manufacturer Haulotte returned to profit in 2012 and, though the first quarter of 2013 is down year-on-year, CEO Alexandre Saubot remains confident about continued growth this year. “We achieved a decent performance in 2012 with almost 16% growth,” said Saubot. “2013 will remain a challenge for us, we will have to continue to work hard for sales growth.”