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

  • Colombia sets out major strategy for highway investment
    January 19, 2015
    International interest is strong in Colombia’s infrastructure expansion. Five foreign firms are competing in the country’s 4G road tender process. Fomento de Construcciones y Contratas (FCC), Sinohydro, Sacyr, Tradeco and ICA are amongst the companies competing for 10 contracts worth some US$5.88 billion. The first project opening for tender on 19th May 2015 will be for the Puerta de Hierro-Carreto-Palmar de Varela and Carreto-Cruz del Viso routes. The final tender documents for the 10 projects are being pu
    Read More
  • EU project looks at highway parking areas
    February 24, 2012
    Under the EU-funded LABEL project there will be an analysis of secure trucking stops. The European Union Road Federation (ERF) - International Road Federation (IRF), Brussels Programme Centre, looks at what it can achieve Whenever we have to travel long distances by car we are faced with the prospect of having to stop in order to refuel our vehicle and to rest a bit. As a consequence motorways can boast the presence of a high number of service stations, usually spread out at 20 to 30km intervals, ready to
    Read More
  • Time extension for Paraguay project financing
    April 19, 2018
    A time extension has been offered to the consortium that will build Paraguay’s Ruta 2 and Ruta 7 highway projects. This extended period has been authorised by Paraguay’s Ministry of Public Works and Communications (MOPC). The highway contract is being handled by the Rutas del Este consortium, which is made up of the contractors Mota Engil, Ocho A and Sacyr. Originally the financing package for the highway deal was to have been in place by April 14th 2018. However the consortium’s deadline for the PPP
    Read More
  • Mozambique receives road funding
    February 16, 2012
    Mozambique's necessary infrastructure work will receive a boost from foreign loans.
    Read More

Highlighted Content