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

  • Terex’s bright past, better future
    April 13, 2016
    John Garrison, Terex Corporation CEO, has said that as soon as further information is available on Zoomlion’s unsolicited cash bid for the company there will be an announcement. The Chinese construction equipment manufacturer is understood to have increased its offer for Terex in the estimated $3.4 billion bid. Meanwhile, Terex has an existing merger agreement with Finnish company Konecranes.
    Read More
  • Russia's key highway development project
    February 8, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports
    Read More
  • Russia's key highway development project
    May 28, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports. Daytime temperatures top 30°C in September, and with hundreds of shops and hotels, it is not difficult to see why Sochi has become Russia's premier holiday playground. The city, on the east coast of the Black Sea, near the border with Georgia, bustles with tourists, and this is boosted with delegates at the 9th International Investment Forum Sochi 2010.
    Read More
  • China plans important construction machinery show in Changsa for May 2019
    January 8, 2019
    An important construction machinery exhibition for the global equipment market is being planned for the Chinese city of Changsha in May 2019.
    Read More

Highlighted Content