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In 2019, works will be carried out on 25 roads in Montenegro

Published on: Mar 21, 2019 9:16 PM Author: PR Service
Podgorica, Montenegro (21 March 2019) -- Minister of Transport and Maritime Affairs Osman Nurković spoke at the press conference following the Cabinet 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 EUR 244,400,000.00 (out of which EUR 207,200,000.00 was intended for the Bar-Boljare motorway's priority section and EUR 800,000.00 for the road crossings belonging to the Railway Directorate's budget).

The 2019 budget plans an investment totalling EUR 45,087,263.00.

Projects implemented from EIB and EBRD 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 EUR 27,300,000.00 will be allocated for the reconstruction of the main and regional roads. The projects will be funded from the General Revenues of the Budget of Montenegro, the EIB loan and the EBRD loan.
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