Tuesday, February 23, 2010

Road Trip

On Monday, Croatia's prime minister attempted to save a euro2.7 billion ($3.65 billion) deal to build a highway in Montenegro. "Croatian Konstruktor Inzenjering d.d. won the bid last year to build a 170-kilometer stretch of highway from the Adriatic coast to the Montenegrin border with Serbia."The company currently does not have the financial stability to go through with the project but must prove the money is attainable by the end of February so the project can go on.

Croatian Prime Minister Jadranka Kosor said Monday that the highway investment is "extremely important and valuable for our two countries." This job would employ 5,000 Croatian construction workers and engage Montenegrin construction facilities. If the Croatian company cannot do the job, it will be handed over to a Isreali-Greek company, which had the second bid.


By: Liz Hasseld

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