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

  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • New bridges for Belgrade
    February 27, 2012
    Work is now underway in Serbia to build a new bridge over the Danube River.
    Read More
  • Construction work will start shortly on major Indonesian tollroad
    July 22, 2013
    In Indonesia the country’s government intends to speed up preparations for the massive Trans Sumatra tollroad project. This 2,700km highway link is costing close to US$30 billion and much of the work will be carried out by the state-owned contractor, Hutama Kaya. Construction will commence in late-September 2013 and the project is scheduled to be fully open by 2025. This highway will connect all 10 provinces in Sumatra Island through Aceh-Lampung. Phase one of the project is for the construction of four sec
    Read More
  • Further progress with new Ugandan highway link
    October 21, 2014
    The Ugandan Government is planning to launch a tender to build a six-lane highway that will stretch 77km and connect Kampala with Jinja. Costing in the region of US$800 - $1 billion, work is due to commence in 2015. The project will be carried out under the PPP model with the International Finance Corporation (IFC) acting as the project's transaction advisor. Meanwhile Uganda is also building a 51km tolled road between Kampala and Entebbe International Airport, which will be partly funded by China’s Exim Ba
    Read More

Highlighted Content