Skip to main content

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

  • Work on a new highway is commencing in Morocco
    March 15, 2013
    Construction activity is commencing on a key highway link in Morocco. Preparation work for the El Jadida-Safi motorway has been underway since September 2012. This new highway will stretch 143km and will connect El Jadida to Jorf Lasfar, Sidi Smail, Sidi Bennour, Oualidia and finally Safi. The work is being split into four sections. The project is expected to cost US$632.5 million and will be financed in part by the European Investment Bank, which has agreed to invest close to $326 million. The Arab Fund fo
  • Albania funding
    June 25, 2012
    In Albania the government is giving its approval for an €80million (US$104.4million) loan being provided by the European Investment Bank (EIB). The project is for the Fier bypass, which forms part of the Tirana–Vlora highway. The project has faced a series of delays since work commenced a number of years ago. However, this new funding will help ensure that the work is completed.
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po
  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con