Skip to main content

Tunnel for Macedonia capital

A new 1km long tunnel is being planned to help reduce congestion in Skopje, capital of Macedonia. The tunnel will be built by Turkish contractor Limak. The contractor will also build its own commercial development above the tunnel as part of the agreement. The cost of the tunnel project is not available at this point.
June 19, 2012 Read time: 1 min
A new 1km long tunnel is being planned to help reduce congestion in Skopje, capital of Macedonia. The tunnel will be built by Turkish contractor 5095 Limak. The contractor will also build its own commercial development above the tunnel as part of the agreement. The cost of the tunnel project is not available at this point.

For more information on companies in this article

Related Content

  • EBRD supporting Skopje road rehabilitation
    May 1, 2012
    The European Bank for Reconstruction and Development (EBRD) is supporting the modernisation of the urban roads system in the Macedonian capital Skopje, with a ?5.6 million loan to introduce a modern traffic management system and upgrade one of the key arteries in the city.
  • Tunnel plan for British capital?
    May 14, 2014
    A proposal for an orbital tunnel in UK capital London has been put forward and is now being evaluated. The plan calls for a 35km underground ring road in central London that would carry traffic around the city, in a bid to help reduce the capital’s current chronic congestion. Called the Inner Orbital Route, the tunnel project has an estimated cost of €36.8 billion (£30 billion) and would also include two new crossings of the River Thames. Transport for London (TfL) has been tasked with the job of evaluating
  • Chinese funding will help pay for Macedonia road project
    October 4, 2013
    In Macedonia a new 50km section of highway will be constructed, with €574 million of financing coming from China's Export-Import Bank. The Exim Bank credit line to Macedonia will be used to build a the highway connecting Skopje and Stip. The new route will also link Stip with pan-European transport corridor 10. The loan will carry an interest rate of 2% and will have a 20 year term with a five year grace period. Macedonia is close to completing work on the corridor 10 road project, which is worth €300 milli
  • Turkey’s new Marmara Highway project
    June 8, 2017
    By the end of 2018, a shiny new strip of asphalt will skirt around Turkey’s largest city, Istanbul, providing a new transport connection.