Budva’s proposed budget revision would increase total municipal spending to €87.12 million, while reducing planned capital investment by approximately €8.5 million, changing the funding available for construction and other development projects.
Municipal Budget Revision Reduces Capital Spending
The proposed increase in the overall budget comes alongside a reduction in capital expenditure, highlighting the difference between total public spending and funds allocated directly to infrastructure and development. The municipal budget revision is separate from the state-financed Budva bypass, whose first phase has a reported value of €237.47 million Preparatory works have started on the eight-kilometre Markovići–Lastva Grbaljska section, with completion planned for 2030.
Briv Construction Leads Bypass Consortium
Briv Construction, a Montenegrin company created through the combination of two family businesses, leads the consortium implementing the bypass project. Its participation in the project represents a larger role for a domestic contractor in a major public infrastructure contract, including the associated scale of responsibilities.
National Infrastructure Pipeline Reaches €11 Billion
At the national level, financing discussions also cover a planned motorway and expressway network estimated at around €11 billion. Montenegro has additionally discussed opportunities for Hungarian companies in road construction and railway modernisation.
Different public financing programmes mean that state infrastructure projects can progress while municipal investment programmes are reduced, affecting the timing and composition of construction demand. For suppliers and lenders, the relevant measure is the schedule of funded contracts, as an increase in the overall public budget does not automatically translate into a larger construction market.
