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Serbian, Croatian, Montenegrin PMs attend opening of the construction of Belgrade-South Adriatic motorway section, 16.10.2009.

The prime ministers of three Balkan countries on Thursday attended the opening of the construction of Belgrade-South Adriatic motorway section through Montenegro that will involve a Croatian construction consortium.

The ribbon was jointly cut in Gornje Mrke, a village in the hills overlooking the Montenegrin capital Podgorica, by Milo Djukanovic of Montenegro, Jadranka Kosor of Croatia and Mirko Cvetkovic of Serbia, said reports reaching here from Montenegro.

The three prime ministers said that the project is a good signal to send to their European partners as it will lead to increased trust and regional cooperation between the three countries.

Djukanovic said that the construction of this motorway from Baron the Montenegrin coast to Boljari on the Serbian border is the most valuable project in the history of Montenegro as it has been estimated to cost 2.77 billion euros (4.12 billion U.S. dollars).

He said that this project will be important for the economic and social development of Montenegro, and will involve local construction companies and provide employment.

The about-170 km-long motorway is expected to be built within the next seven to eight years, which will connect Montenegro with other southeast European countries through Serbia.

The Montenegrin government and the Croatian consortium Konstruktor each invested 25 million euros in preliminary work, according to a concession agreement signed in June.

Kosor said that construction of the motorway through Montenegrois a great success not only for that country, but also for Serbia, considering the fact that the traffic route will be one of the most important European corridors.

Cvetkovic said that the construction of the Belgrade-South Adriatic motorway section through Serbia is expected to begin next year although funds are still to be secured for the motorway to Montenegro. (Source: EMportal)
 

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