Skip to main content

New highway for Montenegro

Croatian consortium Konstruktor is starting discussions over the construction of the Bar-Boljari motorway in Montenegro with the country's government. Konstruktor won the tender with a bid of €2.77 billion for the project, which involves building 170km of highway. The Montenegrin government is securing funding of €1.74 billion, while the reminder will be secured by Konstrukotr. Work is expected to start in October 2009.
July 9, 2012 Read time: 1 min
Croatian consortium 1567 Konstruktor is starting discussions over the construction of the Bar-Boljari motorway in Montenegro with the country's government.

Konstruktor won the tender with a bid of €2.77 billion for the project, which involves building 170km of highway.

The Montenegrin government is securing funding of €1.74 billion, while the reminder will be secured by Konstrukotr. Work is expected to start in October 2009.

For more information on companies in this article

Related Content

  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
  • New road and tunnel project planned for Sweden
    August 21, 2015
    Swiss firm Implenia has won the contract to construct the first section of Stockholm’s new bypass in a deal worth €216.7 million. The Förbifart Stockholm road project was awarded by the Swedish Transport Administration, Trafikverket. Implenia won the package of works following its acquisition of Bilfinger Construction and will commence work during October 2015. The section Implenia will work on is called the FSE 403 stretch and the work includes building a 7.2km long, twin tube tunnel as well as slip roads.
  • Stockholm’s new bypass
    March 8, 2021
    Tunnels make up 18km of the 21km of the Swedish capital’s E4 Bypass mega-project. It will have taken 15 years from start to opening in 2030, if all goes well
  • Lane picks up Florida SR408 widening project in Orange County
    July 18, 2017
    Lane Construction Corporation has won a US$76 million contract to widen a section of State Road 408 in Orange County, Florida.The project entails adding a thirds lane to each carriageway over a 5.2km stretch of SR408. It will also involve widening a ramp from two lanes to three lanes, adding sound walls as well as extra open road tolling - ORT - lanes.