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Story summary
- Monteput, Montenegro's state road construction company, signed a 693.9 million euro contract with the PowerChina-Stecol consortium to build the second Bar-Boljare highway section.
- The project will be financed with EU funds, unlike the first section funded by Chinese loans.
- Milan Ljiljanic, Monteput CEO, said the contractor was chosen through an international tender under EBRD rules.
- The project aims to boost Montenegro's economy and connectivity.
