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

  • Vietnam’s key highway project commencing
    February 14, 2019
    Construction of Vietnam’s North-South expressway is planned to commence during 2019. An initial funding package of US$600 million will pay for the start of the works, which includes buying the land and clearing the way for the route. The winners of the tenders for the first sections should be announced in April-June 2019, with these sections due for completion in 2021. The winners of the tenders for a bridge section on the route should be announced in October 2019, with the bridge due for completion in 2022
  • Consortium awarded major Italian highway concession
    June 15, 2021
    A consortium has been awarded a major Italian highway concession.
  • Financial setbacks beset Slovakia’s highway development
    June 12, 2012
    Slovakian highway company NDS says that construction of the 13km Turany-Hubova highway may not be started in 2012. The previous Transport Ministry plan was to call the tender for this stretch in summer 2012. However, the EC has not yet approved the construction of this highway, with questions surrounding the protected area in the Velka and Mala Fatra mountains. If Slovakia does not get this approval, the country might have to chose the second option, which includes the tunnel Korbelka. The EC's decision is
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the