The construction of the second section of the motorway from Mateševo to Andrijevica, spanning 23.5 kilometers, offers a unique opportunity to strengthen Montenegro’s economic development through strategic engagement of local companies.
Valued at over €600 million, this infrastructure project holds significant economic, social, and developmental implications for the country. It will be funded by a grant of €200 million from EU funds under the European Bank for Reconstruction and Development (EBRD), ensuring financial transparency and adherence to high standards.
The project’s main contractor selection involves four companies, including Chinese firms and a Turkish-Azerbaijani consortium, with Chinese companies currently seen as the frontrunners. However, involving domestic subcontractors is crucial to ensure that a significant portion of funds is reinvested into the local economy.
The second section will pass through a mountainous region, featuring 34 bridges, tunnels, and a variety of other infrastructural components. With 40% of the route comprising bridges and tunnels, this section will be a major undertaking.
The first section of the motorway demonstrated the benefits of involving local companies, such as job creation, economic growth, and technological advancements. Four leading local companies contributed over €330 million, significantly boosting Montenegro’s economy.
The second section provides an opportunity to increase the role of domestic firms. It is recommended that local subcontractors carry out at least 60% of the work to maintain control over this major project. This approach not only contributes to economic growth but also ensures long-term sustainability in the construction sector.
Increased involvement of local companies means more jobs, reduced emigration of workers, and a direct boost to GDP. Additionally, local communities will benefit from the infrastructure improvements, with new opportunities in tourism and business.
To ensure the success of future projects, Montenegro should prioritize the engagement of domestic companies in all phases of construction, from planning to maintenance. Establishing a 60% local participation threshold, supporting local businesses through training and financing, and ensuring transparent selection processes will create a strong foundation for the country’s infrastructural development and future economic growth.