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

  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
  • Chinese firms to build three motorways in Serbia covering a combined 190km
    January 4, 2013
    Chinese companies are to take part in a number of motorway construction projects in Serbia, according to the country’s ministry of construction and urbanism. The routes will cover a combined 190km and follow the Serbian government’s December 2012 signing of a pre-contract deal for the construction of the Lajkovac-Ljig and Obrenovac-Ub sections of the Corridor 11 motorway, worth US$333 million, with the representatives of the Chinese firm Shandong High Speed Corporation. The two parts are part of the future
  • Budimex consortium win Poland’s Ostroda ringroad court case
    March 18, 2015
    A district court in the Polish town of Olsztyn has ruled in favour of a consortium of Budimex and Ferrovial Agroman which challenged the awarding of a ringroad contract to a rival. The ruling means that the Salini consortium’s winning bid for the construction of a ringroad around Ostroda is overturned on the basis that it was ineffectually low. This means that the contract will go to the Budimex consortium which proposed to build the road for around €223 million. Polish builder Budimex is the consortium's m
  • A game changer for the Balkans – road safety & innovation forum
    July 10, 2019
    IRF Expands Operations in South East Europe Close to 300 delegates, including representatives from key Bulgarian road agencies, took part in the 2nd Road Safety & Innovation Forum on May 15th at the joint invitation of the International Road Federation, EuroRAP and the Bulgarian Branch Association for Road Safety. “We had designed this event with the idea that countries such as Bulgaria, currently lagging behind in meeting their traffic injury reduction targets, could seize technological enablers that