Two Macedonia highway projects are delayed

Delays have hit the construction of two new highway projects in Macedonia. Funding for the projects has been provided through a loan package from China worth €574 million.
June 23, 2017 Read time: 1 min
RSS

Delays have hit the construction of two new highway projects in Macedonia. Funding for the projects has been provided through a loan package from China worth €574 million. However issues with regard to compulsory land acquisitions have slowed work on the two projects. There are suggestions that additional costs of as much as €100 million may also be incurred. One of the sections being delayed is the 57km stretch from Ohred to Kicevo while the other is the 50km stretch from capital Skopje to Stip. The construction work is being carried out the by the Chinese contractor 5544 Sinohydro.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • New Hoover Bypass Bridge complete
    February 29, 2012
    Work on the new Mike O'Callaghan-Pat Tillman Memorial Bridge crossing the Colorado River and providing a road link between Nevada and Arizona has now been completed.
    Read More
  • G&Z pave the way as East meets West
    March 28, 2014
    The Silk Route is one of the oldest trading links between Europe and Asia and is being upgraded with some of the newest equipment. The nation of Georgia is located on what is known as the ‘crossroads’ between Western Asia and Eastern Europe. It lies to the east of the Black Sea and is on one of the shortest routes between western China and Europe. Since the Middle Ages this strategically important country has played host to one of the network of roads collectively known as the Silk Route. For much of the 20
    Read More
  • Innovation is behind all business partnerships
    February 24, 2015
    While reclaimed asphalt pavement is not a new idea, there are new and innovative technologies coming all the time to improve its application and durability. This RAP is “black gold”, as Thierry De Sars, technical director at Groupe Fayat, told delegates at the Pavement Preservation and Recycling Summit conference in Paris this week. But it all comes down to cost savings and efficiencies that importantly include increasingly precise dozing to get the exact amount of bitumen laid down on a pass. De Sars cauti
    Read More
  • ENH bitumen in-line plants destined for the Congo
    May 19, 2015
    ENH Engineering has broken into the market in the Democratic Republic of the Congo by selling two in-line bitumen emulsion plants. The plants, of which each can be built into a 12m container, were sold to the Congolese oil exploration and refining company Socir in the capital city of Kinshasha, said ENH's managing director Erik Haugaard. The in-line plants can produce all known bitumen emulsion types, from the simplest tack-coat to high-grade slurry emulsions. "The emulsion market in West Africa is gr
    Read More

Highlighted Content