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flag Montenegro awarded a 694 million euro contract to a Chinese consortium to build a 22-km highway segment, funded partly by Western loans and grants.

flag Montenegro has signed a 693.9 million euro contract with Chinese consortium PowerChina-Stecol to build the 22-kilometer Matesevo-Andrijevica segment of the Bar-Boljare highway, funded by a mix of EBRD loan, EU grant, and national budget. flag The project, set to begin in late April and take five years, includes 36 bridges and tunnels, with a 100 km/h speed limit. flag It aims to boost northern Montenegro’s economy and regional connectivity, following criticism of the first phase. flag Construction will be overseen by Montenegro’s state road agency Monteput, with Chinese firms handling execution despite Western financial support.

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