MoT – Podgorica Bypass Development – Montenegro - Project Profile
"MoT – Podgorica Bypass Development – Montenegro - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Ministry of Transport, Montenegro (MoT) is planning to build a bypass in Podgorica, Montenegro.
The project involves the construction of a 17km bypass from Smokovac, Tolosi to Farmaci. It includes the construction of service roads, intersections, culverts and related infrastructure, and the installation of signaling systems.
On April 24, 2017, International Finance Corporation (IFC) held a meeting with Central Bank of Montenegro to invest in the project.
In June 2017, European Union allocated funding for the design and the assessment of the social and environmental impact of the project.
The project involves the construction of a 17km bypass from Smokovac, Tolosi to Farmaci in Podgorica, Montenegro.
The US$305 million project includes the following:
1. Construction of service roads
2. Construction of intersections
3. Construction of culverts
4. Installation of signaling systems
5. Construction of related infrastructure
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