Republic of Montenegro: Public Expenditure and ... - Vlada Crne Gore
Republic of Montenegro: Public Expenditure and ... - Vlada Crne Gore
Republic of Montenegro: Public Expenditure and ... - Vlada Crne Gore
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108 Annex 4<br />
Table A4.6. Transport investment projects by foreign financing source, 2000-2005<br />
Financing Source Year Contracted amount<br />
(mill euros)<br />
European Investment Bank (Loans) 67.0<br />
1. Urgent rehabilitation traffic 16.0<br />
Port <strong>of</strong> Bar 2002 6.0<br />
Roads rehabilitation 2001-2002 10.0<br />
2. Project <strong>of</strong> European Roads-Sozina Tunnel 2005 24.0<br />
3. Modernization <strong>of</strong> <strong>Montenegro</strong> airports 12.0<br />
4. Reconstruction <strong>of</strong> railways 2003-2005 15.0<br />
European Bank for Reconstruction <strong>and</strong> Development (Loans) 11<br />
Modernization <strong>of</strong> airports in <strong>Montenegro</strong> 11.0<br />
KFW 7<br />
Reconstruction <strong>of</strong> Lokue tunnel <strong>and</strong> construction <strong>of</strong> third road strip 2002-2005 7<br />
tunnel<br />
Total Loans 85<br />
European Agency for Reconstruction (EAR) (Grants)<br />
Investment in Road Rehabilitation 2000 9.8<br />
Technical assistance (roads) 2000 0.7<br />
Investment in Road Rehabilitation 2001 7.8<br />
Technical assistance (roads) 2001 1.0<br />
Technical assistance (roads) 2002 0.7<br />
Technical assistance (railways) 2002 1.5<br />
Investment in Road Rehabilitation 2004 1.0<br />
Technical assistance (roads) 2004 0.5<br />
Technical assistance (railways) 2004 1.5<br />
Technical assistance (airports) 2004 0.7<br />
Investment in Road Rehabilitation 2005 2.7<br />
Technical assistance (roads & railways) 2005 1.3<br />
Total EAR Grants 29.2<br />
Source: EAR. 2005, <strong>and</strong> Ministry <strong>of</strong> Finance.
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