China opts for domestic Montenegrin firms

China Road and Bridges Corporation has reportedly appointed 67 Montenegrin contractors for its work in Montenegro. Contractually, CRBC must have at least 30% of the work going to Montenegrin firms, according to the national Montenegrin roads company Monteput. Monteput also said that the value of construction work in 2016 grew by over 30% to €383 million in comparison with 2015.
March 17, 2017 Read time: 1 min
China Road and Bridges Corporation has reportedly appointed 67 Montenegrin contractors for its work in Montenegro.

Contractually, CRBC must have at least 30% of the work going to Montenegrin firms, according to the national Montenegrin roads company Monteput.

Monteput also said that the value of construction work in 2016 grew by over 30% to €383 million in comparison with 2015.
Finance & Funding

Related Content

  • Volvo CE new China comms vice president
    March 2, 2012
    Inge Zhou has been appointed as vice president of corporate communications for Volvo Construction Equipment newly formed China sales region.
    Read More
  • Volvo CE new China comms vice president
    May 2, 2012
    Inge Zhou has been appointed as vice president of corporate communications for Volvo Construction Equipment newly formed China sales region. In her new role, Zhou will be based in Volvo CE's Shanghai office and report to regional president Laurence Luo. She will be responsible for all corporate communication activities within the region, as well as being a member of the China management team.
    Read More
  • Kenya highway deal signed with China
    June 7, 2016
    The authorities in Kenya have signed an agreement with a Chinese contractor for a major highway project. The deal is for design and feasibility studies for this proposed highway, which would run from Ruaka to Gitaru. The 16.5km highway section would form part of Nairobi’s Western Bypass, should the project get the official go ahead once the feasibility study has been completed and analysed. China Road and Bridge Corporation (CBRC) will carry out the feasibility study as well as the preliminary design, havin
    Read More
  • Jacobs picks up more Highways England Roads Investment work
    August 18, 2016
    US group Jacobs Engineering has been appointed by Highways England to develop preferred options for multiple highways schemes. The projects are in the east, southeast and northwest regions of England, according to statement by Jacobs. Contract value has not been given. Jacobs senior vice president for buildings and infrastructure, Bob Duff, said that the award “builds on our long established relationship with Highways England”. Highways England is the new government company charged with operating E
    Read More

Highlighted Content