New highway connection between Montenegro and Bosnia

New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
September 23, 2014 Read time: 2 mins
New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will connect Central and Western Europe through Croatia, Bosnia, Montenegro and Albania. The original route called for the highway to run through Croatia’s capital Dubrovnik but the latest plans will see the highway running through Bosnia Herzogovina instead. This highway is due for completion in 2050, although the project value has not so far been disclosed.

Meanwhile in Montenegro, China's Exim Bank has approved its loan for the first section of the Bar-Boljare highway. The €688 million loan will pay for construction of this section of the highway, which will run from Smokovac to Matesevo. The loan has yet to be finalised. Montenegro's Ministry of Sea and Transport has revealed that the construction work is due to commence at the end of 2014. Building of the first stretch of the Bar-Boljare highway from Smokovac to Matesevo will be carried out by Chinese contractors, CRBC and CCCC. This contract is worth some €809 million, with the Montenegro Government providing financing worth €120 million for the project.
Road Structures Finance & Funding

Related Content

  • EU to co-finance studies for new northern Greek highway
    March 19, 2014
    The European Union is to help finance studies for the northern border section of the Ionian Highway in Greece. Some €1.56 million is being provided through the TEN-T Programme to help pay for a series of studies required to prepare for the project’s tender process. The studies will cost some €3.12 million in all and related to a 46km stretch of highway connecting the Egnatia Odos-Ionian Highway interchange and Kakavia.The initiative was selected for funding under the 2012 TEN-T Annual Call and includes carr
    Read More
  • Eastern European highway and tunnel projects
    May 15, 2012
    Serbia’s Corridor 10 project, seen as key to the country’s future economic development, is 20 years behind schedule. With construction delayed and the matter being debated, the Serbian Ministry for Infrastructure, which reported the schedule delay, says the country is working as fast as possible, with 22km being built/year. The corridor will connect the country with its neighbours and provide an important route for through traffic.
    Read More
  • Bosnia-Serbia highway financing discussions
    October 13, 2017
    Discussions between Serbia and Bosnia regarding the planned highway linking the two countries have yet to be carried out. The highway will join the two capitals, Belgrade and Sarajevo. However Turkey has said it will not enter discussions regarding its providing financing for the project until Bosnia and Serbia have determined the route the new highway will take. Turkey says that it recognises the economic importance of this highway for the region as a whole, which is why it is willing to discuss financing.
    Read More
  • Montenegro spends €198m on upgrades in past five years
    November 2, 2018
    Montenegro has spent €198 million on road maintenance and construction in the past five years, according to Mirsad Ibrahimovic, director of the Directorate for State Roads. The government also announced this past summer that construction of the Bar-Bolijare highway is being accelerated. China Roads and Bridges Company is the main contractor the Podgoric-to-Matesevo stretch, with work set to remain within the €194 million budget.
    Read More

Highlighted Content