Canada's SNC-Lavalin eyes energy, infrastructure projects in Montenegro.

By bne IntelliNews February 21, 2013
Canadian engineering and construction group SNC-Lavalin International is interested in developing energy and infrastructure projects in Montenegro, the Montenegrin transport ministry said in a statement on Feb 20 after a meeting with company executives. SNC-Lavalin is particularly interested in the Bar-Boljare and the Adriatic-Ionian motorways, as well as in working on the design, financing, carrying out construction works and maintenance at the local airports. Montenegro and Canada signed in July 2012 a contract on strategic economic cooperation, which would make it easier for Canadian companies to make business in Montenegro and receive all necessary permits. Back then SNC-Lavalin said it would like to engage in developing large hydro and thermal power plants in Montenegro, including the second block of the Pljevlja thermal power plant.

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