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

  • PPP for Danish highway
    February 7, 2012
    Construction of the first public-private (PPP) funded highway in Denmark will see a new road in the south of the country near the German border. The Kliplev Motorway Group (KMG) is one half of Denmark's first ever PPP with the government, after winning the tender to build the highway. KMG is financing the whole project and the deal includes construction and ongoing maintenance when it is complete. KMG is the concessionary company for the project and is 100% owned by the Austrian company STRABAG, Europe's la
  • Albania prequalifying for bypasses around Vlore and Fier
    October 5, 2017
    Albania is pre-qualifying contractors for two major bypass projects, according to the European Bank for Reconstruction and Development. One is for construction of a 29km bypass of the southern Adriatic port city of Vlore with work expected to take 27 months. Vlore, with a population or around 130,000, is the country’s third largest city.
  • Mota-Engil wins Cardel-Poza Rica motorway contract in Mexico
    June 13, 2014
    Mexico's Secretarat of Communications of Transport (SCT) has awarded the contract to build the Cardel-Poza Rica motorway to Portuguese company Mota-Engil. The proposal made by the company, together with PRODI, of US$266.48 million (MXN 3.47 billion), was deemed the most feasible technically and financially. The offer was below the $307.53 million (MXN 4 billion) estimated for the project in the National Infrastructure Plan (PNI). The road will be located in Veracruz, spanning 129km between Laguna Verde and
  • Mexican road projects in hand while others face delays
    February 23, 2012
    Several key highway developments are being planned in Mexico, although project delays are now facing increasing public scrutiny.