Tag: bar boljare highway

Montenegro’s €694mn motorway contract moves Bar–Boljare into its next construction phase

The Bar–Boljare motorway has moved into a new investment phase with the selection of the consortium responsible for designing and building the Mateševo–Andrijevica section. The...

Montenegro’s Exim Bank hedge delivers €93.4mn fiscal gain as motorway debt declines

Montenegro has recorded a cumulative €93.4mn positive financial effect from the currency-hedging arrangements used to manage the Chinese loan that financed the first section of the Bar–Boljare...

EU grants €150 million for Montenegro’s highway expansion as financing structure signals shift toward European funding model

Montenegro has secured a €150 million non-repayable grant from the European Union for the construction of the second section of the Bar–Boljare highway, marking...

Montenegro’s €1 billion motorway and the debt shock that reshaped its economy

Few infrastructure projects in Southeast Europe illustrate the economic risks of large-scale borrowing as clearly as Montenegro’s Bar–Boljare motorway, a project conceived as the...
Supported byVirtu Energy

The Bar–Boljare corridor and Montenegro’s ambition to become an Adriatic logistics gateway

The construction of the Bar–Boljare motorway represents one of the most ambitious infrastructure projects undertaken by Montenegro since independence. Designed to connect the Adriatic...

Italian supervision strengthens the next phase of the Bar–Boljare motorway

The award of a €14.4 million supervision and consultancy contract to IRD Inženjering for the continuation of the Bar–Boljare motorway marks an important institutional step in Montenegro’s most...
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