Skip to main content

Montenegro toll road project goes ahead

Israeli firm Solel Boneh is one of the preferred bidders for a toll road project in Montenegro, along with an as yet un-named European company. The tender is worth €1 billion and is for a 30 year concession for a 170km toll road. The project is Montenegro’s first PPP and is also the country’s largest ever infrastructure package. The road will run from Boljare on the Serbian border and the Adriatic Sea port of Bar.
May 15, 2012 Read time: 1 min
Israeli firm 1572 Solel Boneh is one of the preferred bidders for a toll road project in Montenegro, along with an as yet un-named European company. The tender is worth €1 billion and is for a 30 year concession for a 170km toll road. The project is Montenegro’s first PPP and is also the country’s largest ever infrastructure package. The road will run from Boljare on the Serbian border and the Adriatic Sea port of Bar.

For more information on companies in this article

Related Content

  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
  • Serbia secures €13bn for road and other infrastructure projects
    February 21, 2014
    A total of €13 billion has been secured for investments in Serbian road and other infrastructure projects, according to Serbia’s president and minister of transport, Velimir Ilic. President Ilic said that the funding will be used for construction of the road Corridor 11, between Belgrade and Pozega, the continuation of works between Pozega to Boljare in Montenegro, and the connection of Valjevo with Corridor 11, including further works through Ljubovija and Bratunac. He also said that the multi-million eur
  • Brazilian bridge and highway project tenders
    April 7, 2014
    A series of major project tenders are opening in Brazil. The Brazilian Government has announced five new road tenders to be launched in 2014. The highway sections run for a total distance of some 2,625km. This programme of works will lengthen the country’s highway network by some 2,282km, with the work costing an impressive US$7.39 billion in all.
  • UK’s Mersey Gateway Project team invites final tenders
    February 26, 2013
    The team behind what is set to be one of the UK’s largest infrastructure initiatives in the next few years has invited final tenders from the three shortlisted bidders competing to deliver it. The Mersey Gateway Project bidders have been asked to submit their tenders on behalf of Halton Borough Council by 10 April 2013, and an announcement about the identity of the preferred bidder is due in June 2013. This will allow the team behind the North West England-based project to sign a contract and begin construc