Since the commencement of the construction works in 2015, until the end of June this year, Montenegro has paid the China Bridge and Road Corporation (CRBC) total of €568,97 million for the construction of the priority highway section.
Around €483,63 million have been earmarked for the road section from Smokovac to Mateševo. Another €85,34 million have been earmarked from the state budget.
In this year, Chinese were paid € 57,29 million in the first half of the year – € 52,30 million from the loan and € 4,99 million from the budget.
“Most amount of money was paid in January – €24.022.843”
The repayment period is 20 years, with the annual interest rate of 2%. Social and economic analysis of the project has shown that the recovery of funds for the construction of priority section amounts to 17 years of construction period and 13 years from the beginning of its exploitation.