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 bridges planned for Vietnam
    July 7, 2020
    New bridge projects are being planned for Vietnam.
    Read More
  • A Chinese loan will help develop Macedonia’s roads
    December 4, 2012
    A loan from China will provide a crucial portion of the funding being used by the Macedonian Government to build new highway sections. These highway stretches include key links between from Stip and the existing pan-European, Corridor 10. Once complete the new highway sections will connect Macedonia with Greece and Serbia by road. Other highway sections planned will run from Ohrid to Kicevo and form a portion of the unfinished Corridor 8 intended to connect Macedonia with Albania and Bulgaria. The projects
    Read More
  • Japanese loans to help fund Indian road projects
    December 11, 2015
    Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 road
    Read More
  • Colombia’s popular highway tenders
    April 7, 2014
    International interest is strong in tenders opening in Colombia for the construction and management of 1,146km worth of highways. These form part of a package for 10 projects known as Autopistas para la Prosperidad, worth some US$4.75 billion in all. OHL has expressed an interest in the Autopista al Mar 2 and Autopista al Rio Magdalena 1 highway projects, which have been valued at around $1.9 billion.
    Read More

Highlighted Content