| Project Detail |
The project concerns the railway reconstruction along the Vrbnica - Podgorica - Bar railway line forming a part of the Orient/East Mediterranean TEN-T Core Network corridor, indicative extension to the Western Balkans.
Objectives
The project concerns rehabilitation works across southern, central and northern Montenegro along the Bar - Podgorica - Vrbnica railway line forming part of the indicative Extended Orient/East Mediterranean TEN-T core corridor (SEETO Route 4). The project is expected to include the following four components to be confirmed during appraisal: - Rehabilitation of the permanent way on 20 km of single track line in central Montenegro; - Rehabilitation of 13 steel bridges at various locations across the country; - Rehabilitation of 8 tunnels at various locations across the country; - Modernization of 3 workshops for rolling stock in Bar, Podgorica and Niksic;
Sector(s)
Transport - Transportation and storage
Under Global Europe NDICI guarantee
The proposed operation is expected be covered by the comprehensive guarantee granted to the EIB under the Dedicated Investment
Proposed EIB finance (Approximate amount)
EUR 76 million
Total cost (Approximate amount)
EUR 80 million |
