New contracts awarded as controversial plans to revamp Macedonian capital continue

New contracts awarded as controversial plans to revamp Macedonian capital continue
By bne IntelliNews August 22, 2016

Macedonian government's project to revamp the capital Skopje is continuing even though it constantly draws criticism from the opposition parties. In the latest move, the city of Skopje has awarded two contracts worth a combined MKD107.85mn (€1.75mn) for the reconstruction of facades on several buildings in the city’s downtown, the European Union procurement journal said.

The Skopje 2014 project to revamp the capital consists mainly of the construction of museums and baroque-style government buildings and facades, as well as the erection of monuments and statues. The cost of the project has been heavily criticised, and several monuments were spattered with paint during the Colourful Revolution protests earlier this year.

Local construction company Bauer BG has received a MKD37.4mn contract, while Pelagonija was awarded a MKD70.5mn deal, Tenders Electronics Daily (TED) said in a notice on August 20. The contracts are with value added tax included.

The project Skopje 2014 started modestly with announced investments of €80mn, but costs have already spiraled to over €600mn, a figure which is not yet final. 

Related Articles

Macedonian president to veto law on making Albanian second official language

Macedonian President Gjorge Ivanov said on January 17 he veto the law that extends the use of Albanian language in the country as he thinks it is unconstitutional. The draft law was ... more

Freedom House keeps “partly free” status for Macedonia despite new government’s efforts

Macedonia was rated only “partly free” in the latest report from international watchdog Freedom House, the same almost all of the six Western Balkan countries, despite efforts by the ... more

Macedonia issues €500mn 7-year Eurobond with historic low interest rate

Macedonia issued on January 11 a seven-year €500mn Eurobond with an annual interest rate of 2.75%, the finance ministry said. This is the sixth Eurobond issue placed so far by Macedonia’s ... more