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

  • Florida highway rebuild project
    May 2, 2018
    Rebuilding a congested stretch of highway in Florida will cut congestion and boost safety for commuters - Mike Woof writes. Florida’s 214km-long I-4 highway provides a key transport route between Tampa and Daytona Beach, but has an unenviable reputation for both congestion and safety, with frequent delays due to heavy traffic as well as crashes. The stretch running through the city of Orlando is particularly prone to jams at peak periods, with huge traffic volumes resulting in vehicles having to slow to a c
    Read More
  • Peru’s Matarani – Punta de Bonbon Highway
    January 5, 2016
    A major new highway project in Peru will improve connectivity for the Arequipa region - Mauro Nogarin writes Peru’s Matarani-Bonbon road project is an important route and forms part of the Camana - Dv Quilca - Ilo - Tacna highway project. The road stretches through several provinces in the Arequipa region. The deadline for completing the work is 720 days after January 2015, and it is scheduled to be completed by December 2016. Progress has been good and as of July 2015, it was 80% completed. The main
    Read More
  • A new tunnel project for Turkey is a significant move
    December 12, 2012
    The European Bank for Reconstruction and Development (EBRD) is supplying a finance package worth US$150 million for the new Bosphorus crossing project in Turkey. Running under the Bosphorus at Istanbul, the new tunnel will connect both European and Asian sides of the city. The EBRD’s $150 million loan completes $1.4 billion worth of financing required for the Eurasia Tunnel project, being built under the Bosphorus straits. Other components of the $1.4 billion financing package for this PPP project include a
    Read More
  • Spanish road upgrade project awarded
    March 11, 2021
    An important Spanish road upgrade project has been awarded.
    Read More

Highlighted Content