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

  • Work is scheduled to start on new Oman highway
    May 23, 2013
    Construction work on a key highway link in Oman is due to commence shortly. The 46km stretch of highway will be built by a joint venture comprising Serbian firm Konstruktor and Indian company Simplex Infrastructure. The project is worth some US$335 million and Simplex Infrastructure will be the majority partner with 52%, while Konstruktor will hold the remaining 48%. The agreement for the project was signed between the joint venture partners and the Ministry of Transport and Telecoms of Sultanata Oman.
  • Work is scheduled to start on new Oman highway
    May 23, 2013
    Construction work on a key highway link in Oman is due to commence shortly. The 46km stretch of highway will be built by a joint venture comprising Serbian firm Konstruktor and Indian company Simplex Infrastructure. The project is worth some US$335 million and Simplex Infrastructure will be the majority partner with 52%, while Konstruktor will hold the remaining 48%. The agreement for the project was signed between the joint venture partners and the Ministry of Transport and Telecoms of Sultanata Oman.
  • Slovakia’s troubled D1 highway
    February 20, 2012
    Slovakia’s Ministry of Transport is to finance construction work on the 75km section of D1 highway between Martin and Presov from state funds, with work expected to start in the second quarter of 2011.
  • Champlain Bridge set to open by end of year, says SNC-Lavalin
    March 6, 2018
    The replacement Champlain Bridge in Montreal will open on schedule at the end of the year, according to the SNC-Lavalin-led consortium heading the project. Cost of the entire corridor project is set at US$3.3 billion of which around $1.8 billion is for construction of the bridge, approach roads and highway adjustments. Failure to open the bridge to vehicular traffic on time means the consortium faces stiff fines, according to media reports: around $77,500 a day for the first seven days followed by $31