Montenegro and Bosnia co-operate on highway

Montenegro is to start work on a new highway project in cooperation with neighbouring Bosnia. The countries will work together on the Podgorica-Sarajevo highway and the two projects will be discussed by the governments of both countries soon. Meanwhile in nearby Serbia, the Ministry of Infrastructure and Energy has held discussion with the World Bank (WB) regarding a new loan of €100 million for construction of the Corridor 10 motorway.
April 25, 2012 Read time: 1 min
RSSMontenegro is to start work on a new highway project in cooperation with neighbouring Bosnia. The countries will work together on the Podgorica-Sarajevo highway and the two projects will be discussed by the governments of both countries soon. Meanwhile in nearby Serbia, the 5251 Ministry of Infrastructure and Energy has held discussion with the 2332 World Bank (WB) regarding a new loan of €100 million for construction of the Corridor 10 motorway.

For more information on companies in this article

Related Content

  • Brenner Tunnel financing solution suggested
    March 20, 2015
    The Brenner Base Tunnel could be financed by highway users according to a proposal by the Italian Ministry of Transport. The authorities in South Tyrol have suggested that the EU may forego new tenders and recalculate the concession period so that it is for a longer timeframe. This would be of benefit both to the Italian Government (which has budgetary restraints), and the EU. Highway operator Brennerautobahn, in which the Italian regions of Trentino and South Tyrol have a 32.2% stake, already provides €30
    Read More
  • Another boost for Romania’s A3 Transylvania
    January 26, 2024
    The deal with the European Investment Bank is construction of a 42.3km section of the motorway between Nadaselu and Poarta Salajului.
    Read More
  • Japanese loan aiding Nepalese tunnel project
    March 24, 2015
    The Nepalese Government is to receive a loan from the Japanese International Cooperation Agency (JICA) for a key tunnel project. The JICA loan is being offered at an interest rate of 1% for the next 40 years. The project is expected to cost in the region of US$150.1 million to construct. The new link will reduce traffic congestion on the existing Nagdhunga-Thankot road. Work is expected to commence in the next 18 months. The survey for the 2.5km tunnel has been carried out by the Department of Roads.
    Read More
  • China funding road work in Nepal
    April 26, 2012
    China is helping provide funding for Nepal's road expansion. The Chinese Government has agreed a deal with the Nepalese Government to expand the Kathmandu Valley ring road. The feasibility study for the project has been completed and design work is currently underway.
    Read More

Highlighted Content