Government of Montenegro: 5,68 Billion EUR for 62 Projects

By , 23 Jan 2019, 23:48 PM Business
Government of Montenegro: 5,68 Billion EUR for 62 Projects Copyrights: Government of Montenegro

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22 January 2019 - A more detailed list of priority infrastructure projects, which was completed at the end of last year, comprises 62 projects whose total worth amounts 5,68 billion EUR. After the National Investment Commission took into consideration the list, the Government adopted the new document on 26 December. The previous record contained 36 of them. A month later, the list was updated, and then, at the end of the year, the number of projects and their value doubled.

Nine projects out of 62 belong to the domain of energy, and for their purposes, 1.178,44 million EUR will be invested, while seven are from the area of the environment. Costs for 12 projects from the field of transport infrastructure amount 3.387,9 million EUR.

There are three new businesses from the domain of digital infrastructure and they are 32,945 million EUR worth, while fifteen are from the field of social activities and sixteen are from other infrastructure.

According to the Strategic Relevance of the project, two projects made it to the top. Also, reconstruction and modernization of the railway from Bar to Vrbnica were marked with 96% of relevance.

Development of the infrastructure for the broadband Internet access, necessary for spreading New Generation Network belongs to the same category. This way, broadband networks would be available even in those areas where there’s no commercial interest.

From the segment of transport, works on the motorway Bar-Boljare, as well as the fast lane along the Montenegrin coastline are marked with more than 90% of importance. As far as the sector of environment protection, such priority is given to the construction of plants for wastewater treatment in Podgorica.

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