Contract signed with EBRD on credit of €11.5m for construction of roads in Montenegro

Minister of Finance of Montenegro, Igor Lukšić, and deputy of the director of European Bank for Rehabilitation and Development for Transportation Sector, Sue Barret, signed the Contract on credit whose user is Ministry of Navigation and Transportation – Directorate for State Roads.

EBRD will finance reconstruction of roads in Montenegro with €11.5m. That money will be spent on reconstruction of part of Kolašin-Mioska road, as well as construction of the third lane of Cetinje-Budva road.