Montenegro bridge project being planned

Funding worth €155 million will be required for a new bridge project for Montenegro. The project is for the construction of the Verige Bridge, which will provide a new link at the Bay of Kotor. The bridge will connect with Tivat Airport and is also intended to form a section of the Adriatic Highway, which is part of the E65 Trans-European route. Some of the funding for the project will be provided by state-owned road firm Monteput. However the Montenegro Government has yet to source the remainder of the fun
April 12, 2017 Read time: 1 min
Funding worth €155 million will be required for a new bridge project for Montenegro. The project is for the construction of the Verige Bridge, which will provide a new link at the Bay of Kotor. The bridge will connect with Tivat Airport and is also intended to form a section of the Adriatic Highway, which is part of the E65 Trans-European route. Some of the funding for the project will be provided by state-owned road firm Monteput. However the Montenegro Government has yet to source the remainder of the funding required.
Finance & Funding Road Structures

Related Content

  • New bridge planned for key Indonesia link
    July 22, 2013
    A feasibility study worth US$199 million will be carried out for the planned Sunda Straits Bridge in Indonesia. The bridge itself is expected to cost close to $20 billion to construct. It will be of major economic importance for Indonesia by providing a direct road link between the islands of Sumatra and Java. The link will connect Sumatra directly to Indonesia’s capital, Jakarta, and the bridge is expected to be 27km long in all. The Sunda Straits Bridge will actually be a series of links connecting the sm
    Read More
  • Russian road projects delayed by funding shortage
    February 9, 2016
    In Russia a series of road projects planned to improve connections to Moscow’s Domodedovo Airport have been cut. The new roads connecting to Domodedovo Airport are required for the 2018 FIFA World Cup. But with Russia cutting its federal budget for road development, the projects have halted. Projects affected include the reconstruction of five sections of the A105 federal highway to the airport, construction of four interchanges and nine pedestrian overpasses. The work was expected to cost a total of US$206
    Read More
  • Indonesian road firm PT Hutama Karya bullish
    February 14, 2020
    The state-owned Indonesian road firm, PT Hutama Karya, is bullish with strong results.
    Read More
  • Trans-Sumatra Highway toll road project
    June 8, 2020
    The Trans-Sumatra Highway toll road project is being prioritised.
    Read More

Highlighted Content