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

  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to
    Read More
  • Work for Argentina’s famous highway
    May 20, 2025
    Work is underway for a key stretch of Argentina’s famous Route 40 highway.
    Read More
  • Concern over Serbian bridge project behind schedule
    August 28, 2014
    There is concern in Serbia over delays to the Zemun-Borca bridge project. Costing some €197 million in total for the bridge and its access roads, the project is due for completion in December 2014. However Serbia’s Ministry of Construction is investigating why the project is not on track and wants to bring the work back into line with the planned schedule. The Serbian Government is funding 15% of the project while China’s Exim Bank is providing 85%. The Chinese contractor China Road and Bridge Corporation i
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More

Highlighted Content