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.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss