Work underway on Macedonia’s new highways

In Macedonia work is now being carried out on two new highway projects. One project is for the construction of a 57km highway between Kiceva and Ohrid and the work is expected to cost €375 million. The construction work is being carried out by the Chinese contractor Sinohydro Corporation, with finance coming from China's Ex-Im Bank. The Kiceva-Ohrid highway project is expected to take four years to complete. The same contractor is also building the 47km Miladinovci-Stip highway in Macedonia, with the €206 m

February 26, 2014 Read time: 1 min

In Macedonia work is now being carried out on two new highway projects. One project is for the construction of a 57km highway between Kiceva and Ohrid and the work is expected to cost €375 million. The construction work is being carried out by the Chinese contractor 5544 Sinohydro Corporation, with finance coming from China's Ex-Im Bank. The Kiceva-Ohrid highway project is expected to take four years to complete. The same contractor is also building the 47km Miladinovci-Stip highway in Macedonia, with the €206 million project also being financed by the Ex-Im Bank.

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Sinohydro

A Chinese loan will help develop Macedonia’s roads

A loan from China will provide a crucial portion of the funding being used by the Macedonian Government to build new highway sections. These highway stretches include key links between from Stip and the existing pan-European, Corridor 10. Once complete the new highway sections will connect Macedonia with Greece and Serbia by road. Other highway sections planned will run from Ohrid to Kicevo and form a portion of the unfinished Corridor 8 intended to connect Macedonia with Albania and Bulgaria. The projects