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

  • Starnberg tunnel in Germany gets go ahead
    February 24, 2017
    Approval has been given for the construction of a new road tunnel in the German town of Starnberg. The €162 million road tunnel project is intended to cut congestion in the town centre but has been the subject of some controversy. The German Federal Government has agreed to a portion of the project’s costs, with the remainder coming from the Bavarian State as well as the local government. Starnberg, located some 30km south west of Bavaria’s capital Munich, is reputed to be the wealthiest town in Germany, so
    Read More
  • Colombian highway connection being built
    March 27, 2019
    Construction work is well underway for Colombia’s Autopista Mar 1 motorway project. The route is due for completion in 2022, connecting the country’s Caribbean and Pacific coasts through Medellin. The project includes construction of the Tunel de Occidente. A finance package worth US$713 million in the shape of loans from eight banks is helping fund the project. Work is also ongoing for the Conexio Norte routelinking Remedios with Caucasia. This project should be complete by 2021. Meanwhile the Via del Nu
    Read More
  • Romanian bridge project well underway
    June 8, 2022
    Romania’s Braila Bridge project is well underway.
    Read More
  • Cengiz wins Corridor VC contract in Bosnia
    March 21, 2023
    Cengiz submitted the lowest bid in the tender which attracted three offers in the deal said to be worth around €361.8 million, according to Bosnia’s state highways agency Autoceste.
    Read More

Highlighted Content