China Roads and Bridges starts work on Montenegro’s first motorway

China Roads and Bridges Corporation has started work on Montengro’s first motorway that will eventually connect Bar (Tiva) on the Adriatic coast with Boljare on the border with Serbia. The first part of the 170km motorway will be a 49km stretch for which China's Exim Bank reportedly paid €94.30 million as the first installment for its construction. Also in the region, Bosnia Herzogovina is planning a new 110km highway to link its Adriatic coast to that further south in Montenegro.
May 13, 2015 Read time: 1 min
China Roads and Bridges Corporation has started work on Montengro’s first motorway that will eventually connect Bar (Tiva) on the Adriatic coast with Boljare on the border with Serbia.

The first part of the 170km motorway will be a 49km stretch for which China's Exim Bank reportedly paid €94.30 million as the first installment for its construction.

Also in the region, Bosnia Herzogovina is planning a new 110km highway to link its Adriatic coast to that further south in Montenegro.
Finance & Funding

Related Content

  • EU funds study to improve Slovenia's roads
    May 10, 2012
    The European Union has awarded €2 million of TEN-T (Trans-European Transport Network) financing to a study which aims at finalising the design of 13km section of motorway in Slovenia. It will complete a missing link of the Slovenian road network and positively impact mobility to and from the Balkans and Central Europe.
    Read More
  • EU funds for key Slovenia road study
    February 29, 2012
    The European Union has awarded €2 million of TEN-T (Trans-European Transport Network) financing to a study which aims at finalising the design of 13km section of motorway in Slovenia.
    Read More
  • Work to start on key Mozambique bridge and roads project
    August 30, 2012
    Work is about to get underway on the Maputo-Catembe bridge and the nearby Bela Vista-Boane and Catembe-Ponta do Ouro roads in Maputo province, Mozambique. Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km.
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More

Highlighted Content