Skip to main content

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.

Related Content

  • New highway connection between Montenegro and Bosnia
    September 23, 2014
    New highway links between Montenegro and Bosnia will make major improvements in transport links for the two countries. Bosnia Herzogovina plans to build its 110km stretch of the Adriatic-Ionic highway that will connect with Montenegro. Meanwhile in Montenegro, plans are in hand for the first stretch of the Bar-Boljare highway. The Bosnian Government is finalising the route for the Adriatic-Ionic highway, based on an earlier feasibility study. This route is of prime importance for the region as it will conne
  • CECE 2018 conference Rome: the sector powers up for digitisation
    March 20, 2019
    Getting the human-machine interface for equipment automation right is a lot trickier than expected. David Arminas reports from the CECE conference in Rome For many contractors, digitisation is key for improving on-site operational efficiency. But it may be time to take stock of progress and examine what does and doesn’t work. That is not to say that the anchors should be thrown out to halt development. Far from it. In the past eight months, the CECE - Committee for European Construction Equipment – led
  • Italian machine sales solidifying
    July 26, 2016
    Sales of construction machines have been improving in Italy. Data from the Italian equipment manufacturing association, UNACEA, shows how the market picked up during the first six months of 2016. The report reveals how sales in the Italian market rose 22% compared to the same period of 2015. The UNACEA quarterly study shows that 4,723 construction machines were sold during the first six months of 2016, including 4,617 earthmoving machines and 106 road machines. Compared with the same period for 2015, this e
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports