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 Bolivian highway programme planned
    June 17, 2015
    Bolivia's state-owned road operator Administradora Boliviana de Carreteras (ABC) has an ambitious road building programme. This will see the construction of a further 3,172km of roads, of which almost 1,000km will be completed in 2015. The 1,000km of roads on track for completion comprise some 16 projects in seven departments. ABC has budgeted US$1.17 billion for its programme of works, an increase over the $995.4 million for the previous financial year.
    Read More
  • Highway work planned for Serbia
    August 10, 2012
    A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
    Read More
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin
    Read More
  • Scottish fixed link project planned
    April 30, 2020
    A Scottish fixed link project is being planned to replace a ferry service.
    Read More

Highlighted Content