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

  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • Funding for Rwanda roads rebuild
    July 18, 2016
    Foreign funding will help pay for key road rebuilding work in Rwanda. Loans worth US$162.4 million are being provided by the African Development Bank (AfDB) and the Japan International Cooperation Agency (JICA), with a $22 million development grant also coming from the EU. These financial sources will help pay for work to improve the 92km long link connecting Kayonza with Rusumo as well as the 116km road between Kagitumba and Kayonza. These road links are of importance as they help connect Rwanda to its nei
    Read More
  • Major highway project planned for Morocco
    January 10, 2013
    Work on a new 172km highway is underway in Morocco. Financing worth US$706.7 million is being budgeted for the new highway, which will connect Berrechid-Beni with Mellal. The new highway will have two toll booths and three rest areas. The project is due for completion in 2014, with the first stretch in the Tadla-Azilal area expected to open to traffic June 2013. The new highway is a key link in the Moroccan Government’s planned road network for the country. This is aimed at ensuring all towns and villages i
    Read More
  • Financing model confirmed for German Autobahn
    June 27, 2016
    The refinancing package for Germany’s A8 Autobahn has now been formalised. The section of the A8 runs between Ulm and Augsburg in the south of Germany and is operated by concession firm Pansuevia, a 50:50 partnership between HOCHTIEF and STRABAG. The 58 km section of the A8 between Ulm and Augsburg was opened to traffic on schedule in September 2015 after four years of construction. PANSUEVIA designed, financed, and carried out the widening of the section to six lanes and took over maintenance and operation
    Read More

Highlighted Content