Transport and Maritime Affairs Minister Brajović: Bar-Boljare high-way construction contract inked

Podgorica, Montenegro (1 February 2014) – Earlier this morning, representatives of the Government of Montenegro and the Chinese CRBC company inked the contract on the project-work, purchase, and installation of equipment and materials for the construction of the Bar-Boljare high-way priority section (Smokvac-Mateševo), Minister of Transport and Maritime Affairs Ivan Brajović has said.

At the special press conference held today at the Government building, the Minister said that the negotiations, which began on 10 January, ended successfully, and explained the following steps: first comes the negotiations about financing the project with the Exim Bank, than the adoption of a law on the highway, and finally submission of all three documents to the Government and Parliament for the required procedures.

In his response to a media enquiry, Minister Brajović said he expects the entire procedure to be completed at the spring session of the Parliament of Montenegro.