Paris: EU awards additional EUR 1.5 million grant to Montenegro for construction of bypass around Budva

    #WesternBalkans

    Paris, France (18 June 2018) — Within the 19th invitation for grant support under the Western Balkans Investment Framework, the EU allocated additional EUR 1.5 million to Montenegro for developing the project documentation for the construction of the bypass around Budva, as a priority part of the coastal variant of the Adriatic-Ionian motorway, the Steering Board confirmed at a meeting which took place in Paris earlier today…

    Paris, France (18 June 2018) — Within the 19th invitation for grant support under the Western Balkans Investment Framework, the EU allocated additional EUR 1.5 million to Montenegro for developing the project documentation for the construction of the bypass around Budva, as a priority part of the coastal variant of the Adriatic-Ionian motorway, the Steering Board confirmed at a meeting which took place in Paris earlier today.

    The allocated funds will be used for developing a preliminary project and social and environmental impact assessment for the 17 km of the priority bypass and two associated loops, relying on the EUR 2.5 million granted by the EU at the end of 2017 to develop the same documentation with the main project for the first 13 km of the bypass with a total length of 30 km. The approved project is additional to a set of projects funded by the EU in Montenegro as part of the Berlin Process, a political platform within which the Union provides support to the Western Balkans for transport and energy connectivity and the implementation of related reforms in these areas.

    Source: Government of Montenegro