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

  • Plans in hand for Slovakia’s longest tunnel
    June 16, 2014
    In Slovakia plans are being made for a new project that will become the country’s longest tunnel when it is complete. Salini Impregilo is the contractor heading the project. The work looks set to cost in the order of €410 million and the project is due for completion in late 2019 or early 2020. Although there was a lower priced bid for the project, this was excluded due to technical problems relating to the proposed tunnel exits. The Visnove Tunnel will measure some 7.7km long and will be constructed in the
    Read More
  • Mumbai’s coastal road project is underway
    April 7, 2021
    Construction work is underway for Mumbai’s complex coastal road project.
    Read More
  • Taking the coast road on Reunion Island
    April 4, 2017
    An ambitious project on Reunion Island will improve transport
    Read More
  • New Cameroon highway project planned
    July 10, 2017
    Plans are being drawn up in Cameroon for the construction of a new highway that will connect Douala with Limbé. The French contractor Egis is now commencing work on a feasibility study for the project.
    Read More

Highlighted Content