The construction of the Budva bypass, as part of a high-speed road along the Montenegrin coast, will be included in this year's budget through a technical rebalance that will be implemented due to the recent reconstruction of the Government of Montenegro, the state-owned company Monteput announced today.
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"A tender for the construction of a nine-kilometer-long bypass from Markovići to Lastva Grbaljska is planned to be announced by the end of the year. This section is the first phase of the construction of a modern road along the Adriatic coast, which will have eight bridges with a total length of 1,74 kilometers and two tunnels with a total length of 3,98 kilometers," the statement said.
Monteput added that the project is based on a conceptual design developed by the company within the Spatial Plan of Montenegro.
"The investment value is estimated at 237 million euros including VAT, while the costs of land expropriation are estimated at an additional 20 million euros. The project will be financed from the capital budget, and Monteput doo is responsible for its implementation," the statement reads.
Monteput said that the bypass will connect the main roads Podgorica-Budva and Budva-Tivat, and that it will significantly contribute to the displacement of transit traffic from the urban core of Budva.
"This will reduce congestion, shorten travel times, reduce pollution, increase safety and improve the tourist experience. With this infrastructural breakthrough, Montenegro is taking an important step towards better transport connectivity and long-term development of tourism and the economy," said Monteput.
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