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

  • Legal hiatus delays major Tanzania highway project
    January 11, 2013
    A legal hiatus has delayed the construction of a highway in Tanzania linking Tunduru, Matemanga-Kilimasenra, Namtumbo, and Songea. Work has been suspended by the Tanzanian authorities following a dispute over whether the Progressive Constructions-Higleig Joint Venture (Progressive-Higleig) building the link has met performance targets. Meanwhile, the Tanzanian Ministry of Works is implementing four road upgrading projects in Tabora worth a combined value of around US$ 221.47 million (TZS 351.70bn).
    Read More
  • Building an airport for St Helena
    August 29, 2013
    The remote South Atlantic island of Saint Helena will shortly benefit from the construction of a new airport as well as access roads and supporting infrastructure. This is the biggest construction project in the history of the island, which lies nearly 2,000km off the coast of Africa. The airport is expected to boost economic development for the island’s 4,000 residents with an estimated 20,000 people a year forecasted to visit this highly remote, 122km2 equatorial volcanic outcrop. At present the islan
    Read More
  • Highway design software developments
    February 21, 2012
    New advanced software is being released for use by those involved in highway design as Adrian Greeman reports. The growing importance of BIM, building or project information modelling, as a design and construction process, and not just 3D modelling, is the driving force for the latest 2012 versions of Autodesk's comprehensive range of software for civil engineers. This is reflected in a new packaging of its various software tools into suites (along the lines of Microsoft's office suites) tailored to variou
    Read More
  • Boost to infrastructure, autonomous cars in UK budget
    March 17, 2016
    The UK chancellor announced in his spring budget what he called the biggest investment, US$87.5 billion (£61 billion), in transport infrastructure in generations and is increasing capital investment in the transport network by 50 per cent over this Parliament compared to the last. The government plans to establish the UK as a global centre for excellence in connected and autonomous vehicles by establishing a US$24.1 million (£15 million) ‘connected corridor’ from London to Dover to enable vehicles to com
    Read More

Highlighted Content