Reconstruction Works on 25 Roads in Montenegro in 2019

By , 24 Mar 2019, 23:52 PM Lifestyle
Reconstruction Works on 25 Roads in Montenegro in 2019 Copyrights: Pixabay

Share this:

23 March 2019 - Minister of Transport and Maritime Affairs Osman Nurković spoke at the press conference following the Government of Montenegro session about what was done in the area of regular and investment maintenance, reconstruction and construction of state roads in 2018 and what is planned for 2019.

Minister Nurković pointed out that the budget for 2018 amounted to 244,400,000 EUR (out of which 207,200,000 EUR was intended for the Bar-Boljare motorway's priority section and 800,000 EUR for the road crossings belonging to the Railway Directorate's budget).

The 2019 budget plans an investment totalling 45,087,263 EUR.

Projects implemented from European Investment Bank and European Bank for Reconstruction and Development loans, in line with the Budget Law, will be funded up to the amount of their execution.

Under the Programme for reconstruction and modernisation of main and regional roads, works will be carried out on 25 roads, and 27,300,000 EUR will be allocated to the rebuilding of the main and regional roads. The projects will be funded from the General Revenues of the Budget of Montenegro, the European Investment Bank loan and the European Bank for Reconstruction and Development loan.

In the last five years, a total of 197.84 million EUR was invested in maintenance, reconstruction and construction of regional and trunk roads in Montenegro, said the director of the Directorate for state roads within the Ministry of Transport, Mirsad Ibrahimović during mid-October 2018. As he said, this had an impact on more comfortable, economical, safer and high-quality transport and, therefore, resulted in better accessibility of Montenegro as a tourism destination.

“The European Commission also recognized insufficiently developed infrastructure of the Western Balkans. It, therefore, aims to increase the maturity of projects and enhance the development of the transport network through the available mechanisms of Berlin process,” said Ibrahimović during this occasion.

Remax Property of the Week

Property of the week.png

Editorial

Interview of the week

Photo of the Week

Photo galleries and videos