27 January 2018 - Since the beginning of works in 2015, until the end of last year, Montenegro has paid a total of 511,68 million EUR to the Chinese Company China Road and Bridge Corporation for the construction of the priority section of the Bar-Boljare highway.
As the representatives of the Ministry of Finance explained, 431.328.916,10 EUR was paid from the funds of Chinese Exim Bank and around 80.355.895,03 EUR was provided from the budget funds.
China Road and Bridge Corporation was paid 164,16 million EUR for the construction of the priority section Smokovac-Uvac-Meteševo. Chinese got most paid in December.
It was planned that works be completed by the middle of May of 2019.
“It is evident that the construction works on the priority section of the highway will be prolonged and, therefore, the dynamics of the realization will be changed. We expect the works to be finished by the end of 2020,” said the representatives of the Ministry of Finance.
Also, road infrastructure has never seen more investments in the history of Montenegro. Last year, around 47 million EUR was spent on roads.
“When I started serving this function, the greatest challenges for me were the motorway and the Montenegro Airlines. We have zero tolerance for the quality of works on the motorway. This is the most difficult section in Europe. The complete loop will not be constructed, only the access road. We will complete the water supply along the entire route of the motorway. Permanent electricity supply is another important segment of this project. Apart from the motorway, we are working on the remaining road network. From the north to the south,” said the Minister of Transport, Osman Nurković.