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

  • Vietnam expressway construction project halted
    November 6, 2020
    Construction work on an important Vietnamese expressway project has been halted.
    Read More
  • Slovakia: early 2017 restart for work on the Cebrat Tunnel
    May 27, 2016
    Roman Brecely, Slovakia’s transport minister, has said that construction of the 2km long motorway tunnel Cebrat near Ruzomberok could be resumed at the beginning of 2017. But the cost is expected to increase by around €100 million. He added that the government likely will seek European Union funding. Construction was halted a year ago over concerns about the possibility of landslides and other geological issues. For this reason, the tunnel route may alter and be an additional 1.5km longer. The tunn
    Read More
  • Legal dispute delays Stockholm project
    March 1, 2012
    A legal dispute continues to delay work on Stockholm's Bypass project.
    Read More
  • Simex’s versatile tool helps in tunnel excavation duties
    March 13, 2013
    Italian firm Simex has developed a versatile tool for use in tunnel excavation applications. This proven piece of equipment has been used to help construct a key tunnel link in Italy, close to the border with Switzerland. Work on the Varzo Tunnel has been carried out by Italian contractor Ceprini Costruzioni (CC).
    Read More

Highlighted Content