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Montenegro to invest 19.4 mln euro in railway overhaul, maintenance in 2022

Author Radomir Ralev
Montenegro to invest 19.4 mln euro in railway overhaul, maintenance in 2022 Source: Pixabay

PODGORICA (Montenegro), February 18 (SeeNews) - Montenegro plans to invest 19.4 million euro ($22 million) in the overhaul and maintenance of its railway infrastructure in 2022, the government said.

Some 12.2 million euro will be invested in the reconstruction and modernisation of railway infrastructure through credit arrangements and funding under the EU's Instrument for Pre-Accession Assistance (IPA) this year, the government said in a notice posted on its website on Thursday.

($ = 0.88039 euro)

Around 6.5 million euro

 
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