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

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More
  • Realising a dream
    February 20, 2012
    Shem Oirere reports on how major highway projects in eastern African will improve links and the economies of a number of countries in the region
    Read More
  • Kosovo-Serbia connection to commence construction
    October 13, 2017
    Construction will commence on the new connection from Kosovo’s capital Pristina to Nis in Serbia. The first stretch of the highway to be built will be the 77km section from Nis to Merdare in Serbia. The project is expected to cost €212 million, with a portion of the funding at least being provided by the European Investment Bank (EIB). Plans have yet to be announced for the stretch running from Serbia’s border with Kosovo to Pristina. Once complete this route will provide new links from Serbia to Albania an
    Read More
  • Cost drop for Albania’s Thumana-Kashar motorway?
    August 15, 2019
    Albania’s Thumana-Kashar section of the A1 motorway may cost 50% less than planned, according to a recent feasibility study.
    Read More

Highlighted Content