Skip to main content

Montenegro highway budget revealed

Chinese contractor China Roads and Bridges Company (CRBC) is spending €194 million to construct a key stretch of Montenegro’s Bar-Boljare highway during 2017. The Exim Bank in China is providing a loan facility worth €889.3 million to Montenegro’s Government to pay for the project. The loan is being provided over a 20-year period. This key stretch of the Bar-Boljare highway is 40km long and presents many technical challenges as it is one of the most complex sections of the route. This stretch will include 1
March 2, 2017 Read time: 1 min
Chinese contractor China Roads and Bridges Company (CRBC) is spending €194 million to construct a key stretch of Montenegro’s Bar-Boljare highway during 2017. The Exim Bank in China is providing a loan facility worth €889.3 million to Montenegro’s Government to pay for the project. The loan is being provided over a 20-year period. This key stretch of the Bar-Boljare highway is 40km long and presents many technical challenges as it is one of the most complex sections of the route. This stretch will include 13 bridges, 16 tunnels, four interchanges and five viaducts.

Related Content

  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
  • Key highway sections to be completed in Serbia in 2017
    January 16, 2017
    A series of major highway sections in Serbia should be completed during 2017, including work to two stretches of the key Corridor 10 project. In all, some 122km of highways are expected to be opened to traffic in Serbia during 2017. Greek contractor Actor is building an 18km stretch of Corridor 10 that runs from Surcin to Obrenovac part. This firm is also building a 19.5km section of Corridor 10 from the Ostruznica Bridge that spans the Sava River to Bubanj Potok, and a further 10km section leading to Buban
  • New Cameroon highway to connect key cities
    August 29, 2013
    A new highway will connect Cameroon’s key cities of Doula and Yaoundé. The 215km highway will be constructed by the Chinese contractor China First Highway Engineering, with the project costing an estimated US$579 million in all. Much of the financing for the project is being provided through a $491.5 million loan from the China Exim Bank. Scet Tunisie and Louis Berger have a partnership for the $8.36 million deal for project management of the first phase of the project, the 80km section from Yaoundé to Bot
  • Sri Lanka benefiting from external highway investment
    July 16, 2013
    Key highway projects in Sri Lanka are now moving forward. Chinese investment will finance a new tolled highway in Sri Lanka. The project for the US$1.5 billion tolled highway is being handled jointly by China Merchants Hua Jian Highway Investment Company and China Merchants Holdings (International) Company. The agreement is to build and operate the highway over a 25-30 year period, and which will be constructed in four separate phases. The first phase will be from Enderamulla to Ambepussa, with the second f