Montenegrin President Milo Djukanovic said that Chinese investors are interested in continuing the construction of the highway to the port in the city of Bar.
At the ninth online summit of the leaders of China and Central and Eastern Europe, the president addressed Chinese companies interested in cooperation with Montenegro. In the conversation, a proposal to build a highway was mentioned.
“Listening carefully to their interests, it becomes clear that there is a desire to continue cooperation on the construction of a road through Montenegro to the port in the city of Bar, as well as the development of a logistics and industrial zone in its vicinity. Such a project will give a powerful impetus to a faster economic recovery in the post-coronavirus period and better connect Montenegro with neighboring and foreign countries, ”added Djukanovic.
He did not specify how the project to continue the construction of the road will be financed, given that Montenegro already has excessive debt to the state due to the debt to the Chinese EXIM bank for the Smokovac-Matesevo section in the amount of more than 800 million euros.
According to him, strengthening cooperation with Chinese institutions and companies is to increase the export of high-quality Montenegrin products to the market of the People's Republic of China, to establish exchanges of students, artists, scientists and cultural figures.
