Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE
The company Bemax has published a new video from the construction site of the priority section of the Bar-Boljare highway. Works on the highway were not suspended during the pandemic and the first section is expected to be completed during the summer of 2021. The construction of the highway officially began in 2015. China’s “China… READ MORE
China Road and Bridge Corporation (CRBC), was selected as the preferred contractor for a priority section of the Montenegrin highway. The construction of the highway officially began in 2015. The construction of the first section will cost EUR 809.6 million. The first section of the motorway Bar-Boljare will be completed in four years, and it… READ MORE
Works on the first kilometers of the Montenegrin highway are nearing completion. Although the exact date hasn’t been set yet, the first man of the Chinese company China Road and Bridge Corporation (CRBC), Mr Kang Shifei, says that they will do their best to finish the first section by the established deadline. “Construction works are… READ MORE
The Serbian government is ready to sign a memorandum of understanding with China Road and Bridge Corporation (CRBC) on the construction of its highway from Pozega to the Montenegrin border. The announcement came from Serbia’s vice president, Zorana Mihajlovic, following a meeting with the Chinese ambassador Li Manchang and the president of China Communication… READ MORE
Prime Minister Dusko Markovic hosted earlier today representatives of the Export–Import Bank of China and China Road and Bridge Corporation (CRBC), headed by Chairman of the Supervisory Board of Exim Bank Yu Xuejun. The meeting stressed the importance of the Bar – Boljare motorway for both Montenegro, and the Exim Bank and CRBC, commending the… READ MORE
Prime Minister Dusko Markovic will have a meeting with representatives of the Chinese CRBC company and the Exim Bank tomorrow , where they will discuss the further works on the highway, i.e. the Matesevo-Andrijevica-Boljare section. During the Prime Minister’s Question Time in Parliament Marković said that Montenegro was not only encouraged by the European Union… READ MORE
The works on the Bar-Boljare highway’s Smokovac-Matesevo priority section, which is being carried out by the Chinese China Road and Bridge Corporation (CRBC), will be completed in May 2019 as defined in the agreement, minister of maritime affairs and transport Osman Nurkovic confirmed. He told Hina news agency that the government was satisfied with the… READ MORE
The quality and the pace of carrying out highway works are really good and in line with the agreement, says the Monteput director, Jonuz Mujevic. He expects that the priority highway section will be completed within the term. The Chinese CRBC company, as the main contractor, plans to drill all tunnels this year and finish… READ MORE
Prime Minister Dusko Markovic has visited today the construction site of the Bar-Boljare highway, where boring the Klopot tunnel has been celebrated. “I’m impressed with the work. It’s what I required this spring,” he added. China Road and Bridge Corporation (CRBC) bored the Klopot tunnel three days ago. The Jabucki Krs tunnel was bored through… READ MORE
- 1
- 2