Construction is commencing on a key connection, Corridor 10, in Macedonia

Work will commence shortly on the Demir Kapija-Smokvica section of Macedonia’s Corridor 10 highway. The work is being funded by financing worth €100 million from the European Investment bank (EIB) in addition to €353 million that the Macedonian Government is providing from its other sources. The highway will provide and important link between Macedonia and its neighbours when the work is complete.
May 28, 2012 Read time: 1 min
Work will commence shortly on the Demir Kapija-Smokvica section of Macedonia’s Corridor 10 highway. The work is being funded by financing worth €100 million from the 1054 European Investment Bank (EIB) in addition to €353 million that the Macedonian Government is providing from its other sources. The highway will provide and important link between Macedonia and its neighbours when the work is complete.

For more information on companies in this article

Related Content

  • Bechtel and Enka win highway contract for Kosovo
    July 2, 2014
    Bechtel and its joint-venture partner Enka have won a contract to build a 60km highway connecting Kosovo’s capital Pristina with neighbouring Macedonia. The new Route 6 highway will help improve Kosovo’s transport links, a highly important factor for the future economic development of this small, landlocked nation. Bechtel-Enka previously constructed Kosovo’s Route 7 highway, which was completed in November 2013, a whole year ahead of schedule. The Route 7 highway with Morina on the Albanian border through
    Read More
  • EBRD funding for St Petersburg project?
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
    Read More
  • Luanda corridor project for Angola
    April 17, 2015
    The new Luanda corridor project in Angola will receive funding worth in excess of US$216 million. Phase two of this project to build new corridors for public transportation in Luanda Province is due to commence shortly. The $14.1 million contract to supervise the project will be handled by DAR Angola. Meanwhile Brazilian construction firm Odebrecht has a $202.6 million contract to build the new transport corridors.
    Read More
  • Indonesia planning more highways projects
    January 29, 2016
    The Indonesian Government is looking to source funding for a key highway project from the Asia Infrastructure Investment Bank (AIIB). The funding will be used for the highway connecting North and East Kalimantan. This project is expected to cost US$250 million.
    Read More

Highlighted Content