Skip to main content

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

  • Bosnia gets €750 million loan for Corridor 5C motorway
    March 1, 2018
    Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project. Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans. Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million. The money will be used for constructing four 70km sections of
  • Agreement on Pakistan-China route
    March 24, 2015
    A key agreement has been reached between the Pakistan Government and the Chinese Government with regard to the new route linking the two countries. The two governments have agreed on the need to speed up work to construct the Pak-China Economic Corridor (PCEC). This major road project looks likely to cost as much as USD45.6 billion. Both countries intend to complete the majority of the work needed within five years. The joint cooperation committee for PCEC will run more meetings to discuss the project and t
  • Serbia-Bosnia highway project funding being secured
    August 30, 2019
    The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works
  • Work on Serbia’s Corridor 10 highway is on track
    April 3, 2014
    In Serbia work on the Corridor 10 highway looks set to be completed as planned in 2016. Serbian roads company, Koridori Srbije, says that that the Corridor 10 motorway should be completed by the middle of 2016. The World Bank (WB) mission visited building sites on Corridor 10 and said that considerable progress has been made, with an additional 23% of works having been carried out in the last 18 month period. In 2014 alone, 50km of the route will be completed. Work is being carried out on 238 bridges, out o