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

  • Shantui and Manitowoc agree joint venture to manufacture cranes in China
    January 6, 2017
    Manitowoc Cranes and Shantui Investment intend to form a new joint venture. This will build mobile cranes in China for both domestic and export markets. The name of the joint venture will be Shantui Manitowoc Crane Company, and it will commence operations once all relevant approvals are received. Within China, the cranes produced by the joint venture will be sold through Shantui’s vast domestic dealer network, in addition to Manitowoc’s own dealer network for truck cranes. The joint venture and this distrib
    Read More
  • Shantui and Manitowoc agree joint venture to manufacture cranes in China
    January 28, 2013
    Manitowoc Cranes and Shantui Investment intend to form a new joint venture. This will build mobile cranes in China for both domestic and export markets. The name of the joint venture will be Shantui Manitowoc Crane Company, and it will commence operations once all relevant approvals are received. Within China, the cranes produced by the joint venture will be sold through Shantui’s vast domestic dealer network, in addition to Manitowoc’s own dealer network for truck cranes. The joint venture and this distrib
    Read More
  • CTE holds dealer training at bauma
    April 19, 2013
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More
  • CTE holds dealer training at bauma
    January 6, 2017
    CTE held a successful dealer training session at bauma, aimed particularly at sharing product information including its new Zed truck-mounted articulated platforms’ variable jacking system. Other key areas of focus included the new Traccess models – which are almost ready to be presented to the market. CTE dealers were present from Russia, Slovakia, the Czech Republic, Serbia, France, England, Germany, Switzerland, Holland, Denmark, Belgium, Australia, China and the Middle East.
    Read More

Highlighted Content