Identifier
Created
Classification
Origin
08PODGORICA146
2008-05-15 15:18:00
UNCLASSIFIED
Embassy Podgorica
Cable title:
MONTENEGRIN HIGHWAY PROJECTS TO BE PRESENTED IN LONDON
how-toVZCZCXRO5318 RR RUEHPOD DE RUEHPOD #0146 1361518 ZNR UUUUU ZZH R 151518Z MAY 08 FM AMEMBASSY PODGORICA TO RUEHC/SECSTATE WASHDC 0781 INFO RUCPDOC/DEPT OF COMMERCE WASHINGTON DC RUEHPOD/AMEMBASSY PODGORICA 0865
UNCLAS PODGORICA 000146
SIPDIS
COMMERCE FOR SSAVICH
E.O. 12958: N/A
TAGS: ECON ETRD PGOV MW
SUBJECT: MONTENEGRIN HIGHWAY PROJECTS TO BE PRESENTED IN LONDON
REF: PODGORICA 141
UNCLAS PODGORICA 000146
SIPDIS
COMMERCE FOR SSAVICH
E.O. 12958: N/A
TAGS: ECON ETRD PGOV MW
SUBJECT: MONTENEGRIN HIGHWAY PROJECTS TO BE PRESENTED IN LONDON
REF: PODGORICA 141
1. Continuing their investment opportunity world tour, GoM
officials will present two major highway construction projects
at a Montenegro Investment Forum in London on June 3.
Participants in the Forum, organized by the European Bank for
Reconstruction and Development (EBRD) and the Montenegrin
Ministry of Maritime Affairs, Transportation, and
Telecommunications, will hear details and see a feasibility
study for construction of the two highways which was conducted
over the past ten months by the French company Louis Berger.
2. By September of this year, the GoM plans to initiate a PPP
arrangement for the 170 km Bar - Boljari Highway Project,
estimated to cost roughly two billion Euros, and which will
eventually join a Serbian highway -- currently in the planning
stages -- and ultimately link Bar to Belgrade. The other major
highway construction project planned for the near-term is the
Montenegrin connection of the Adriatic-Ionian highway which will
link Western Europe to Greece through Croatia, Montenegro, and
Albania. Though a secondary priority in terms of timeframe, the
Adriatic-Ionian highway project will also be significant for
investors; it is estimated that the 80 km road will cost around
1.2 billion Euros.
3. The Forum will be attended by representatives of major
European and world commercial banks and companies engaged in
highway construction. The Forum also will have participation at
the highest level from GoM officials including Prime Minister
Milo Djukanovic; Speaker of Parliament Ranko Krivokapic;
Minister of Finance Igor Luksic; Minister of Maritime Affairs,
Transportation, and Telecommunications Andrija Lompar; and Petar
Ivanovic, CEO of the Montenegrin Investment Promotion Agency.
4. More information about the Montenegro Investment Forum will
be available by the end of week on the EBRD web site:
www.ebrd.com
MOORE
SIPDIS
COMMERCE FOR SSAVICH
E.O. 12958: N/A
TAGS: ECON ETRD PGOV MW
SUBJECT: MONTENEGRIN HIGHWAY PROJECTS TO BE PRESENTED IN LONDON
REF: PODGORICA 141
1. Continuing their investment opportunity world tour, GoM
officials will present two major highway construction projects
at a Montenegro Investment Forum in London on June 3.
Participants in the Forum, organized by the European Bank for
Reconstruction and Development (EBRD) and the Montenegrin
Ministry of Maritime Affairs, Transportation, and
Telecommunications, will hear details and see a feasibility
study for construction of the two highways which was conducted
over the past ten months by the French company Louis Berger.
2. By September of this year, the GoM plans to initiate a PPP
arrangement for the 170 km Bar - Boljari Highway Project,
estimated to cost roughly two billion Euros, and which will
eventually join a Serbian highway -- currently in the planning
stages -- and ultimately link Bar to Belgrade. The other major
highway construction project planned for the near-term is the
Montenegrin connection of the Adriatic-Ionian highway which will
link Western Europe to Greece through Croatia, Montenegro, and
Albania. Though a secondary priority in terms of timeframe, the
Adriatic-Ionian highway project will also be significant for
investors; it is estimated that the 80 km road will cost around
1.2 billion Euros.
3. The Forum will be attended by representatives of major
European and world commercial banks and companies engaged in
highway construction. The Forum also will have participation at
the highest level from GoM officials including Prime Minister
Milo Djukanovic; Speaker of Parliament Ranko Krivokapic;
Minister of Finance Igor Luksic; Minister of Maritime Affairs,
Transportation, and Telecommunications Andrija Lompar; and Petar
Ivanovic, CEO of the Montenegrin Investment Promotion Agency.
4. More information about the Montenegro Investment Forum will
be available by the end of week on the EBRD web site:
www.ebrd.com
MOORE