Montenegro Bar Boljare Motorway

completed

The project supports the Government of Montenegro’s in structuring concession for construction of 4 lane motorway between the port of Bar in the south and Boljare on the Montenegrin-Serbian border in the north. Objectives include: 1) reducing travel time between the Adriatic and Central Europe, thus facilitating development of tourism on the country's coast; 2) securing a reliable link between the less developed northern part of the country and the richer coast; 3) decreasing accident rates; 4) improving freight routes; 5) increasing development of the Port of Bar, the key entry port for Montenegro and for landlocked Serbia; and 6) increasing employment opportunities, particularly in the construction sector, thus stimulating the growth of local economies, including development of small and medium enterprises.