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

  • Copy of New Midtown Tunnel open in Virginia
    January 30, 2017
    A project to construct the second Midtown Tunnel link in the US state of Virginia alongside the original connection has taken an important step forward – Mike Woof writes Commuters in the US state of Virginia will be pleased that the new Midtown Tunnel is now open to traffic, as it will help to boost capacity and cut congestion on the busy US 58 route connecting Norfolk and Portsmouth. The 1.13km tunnel link has been built to link with the interchange at Brambleton Avenue and Hampton Boulevard in Norfolk
    Read More
  • New Midtown Tunnel open in Virginia
    January 30, 2017
    A project to construct the second Midtown Tunnel link in the US state of Virginia alongside the original connection has taken an important step forward – Mike Woof writes Commuters in the US state of Virginia will be pleased that the new Midtown Tunnel is now open to traffic, as it will help to boost capacity and cut congestion on the busy US 58 route connecting Norfolk and Portsmouth. The 1.13km tunnel link has been built to link with the interchange at Brambleton Avenue and Hampton Boulevard in Norfolk
    Read More
  • Pumpex launches its new Super Drainer pumps at bauma
    January 6, 2017
    Pumpex’s new range of drainage and sludge pumps will introduce new technology to the dewatering market, the company said. It also claims the Pumpex Super Drainers (series PS and SPS) will make dewatering easier and safer for miners, contractors and industrial users and other professionals with tough applications.
    Read More
  • Pumpex launches its new Super Drainer pumps at bauma
    April 14, 2013
    Pumpex’s new range of drainage and sludge pumps will introduce new technology to the dewatering market, the company said. It also claims the Pumpex Super Drainers (series PS and SPS) will make dewatering easier and safer for miners, contractors and industrial users and other professionals with tough applications.
    Read More

Highlighted Content