Please note: The page below represents the archived content relating to the previous Government of Montenegro. Some of the information might be inaccurate or outdated.
Archive

Over EUR 4 million paid in advance to companies working on capital projects

Published on: May 4, 2020 • 2:11 PM Author: Uprava javnih radova
In just over a month, over EUR 4 million have been paid in advance to companies engaged in already launched capital projects, mainly in the Northern Region, in order to ensure the liquidity of those companies and maintain continuity of work during the coronavirus pandemic.

The Montenegrin Cabinet tasked the Public Works Administration and the Transport Directorate, at its 162nd session, held on 19 March 2020, within the Proposal of urgent measures of the Government to support citizens and economy with the aim to reduce the negative effects from epidemic of coronavirus, to enable payment in advance at the request of companies that are engaged in performing works or providing services on capital projects. 

The Ministry of Finance has approved, until 30 April, advances for 18 companies, with which the Public Works Administration has signed contracts on implementation of 32 projects.

PUBLIC RELATIONS SERVICE OF THE GOVERNMENT OF MONTENEGRO / PUBLIC WORKS ADMINISTRATION

Related articles:

PM Marković in Mojkovac: Pandemic has not stopped developmen Jul 30, 2020
Construction of kindergarten in Guke, worth EUR one million Jul 28, 2020
Second phase of arrangement of Đalovića Cave worth EUR 2.6 m Jul 18, 2020
PM Marković visits construction sites of Đalovića Cave touri Jun 15, 2020
Is this page useful?