Tirana, December 9, 2015
After the developments that followed during the “16 + 1” meeting in China, the biggest Chinese company in the construction field, China Pacific Construction Group announced that the company, Albania and Montenegro had agreed on the construction of Albania – Montenegro Highway, an investment worth EUR 3 billion. According to the updated press release, the project will be implemented for a period of 8 years and the work will continue during the second half of 2016.
China Pacific Construction Group also announced that the length of the highway is calculated to be 260 km. The company is looking for new investors to join this project, after saying that only a part of the amount of money that is required for the construction of this highway will be ensured by the company itself.
In the past years, China has showed interest to invest in the Central and Southeast Europe countries, mainly in the infrastructure field.
News source/photo credits: Scan TV
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