05 July 2019 - The main project audit for the first, second and the third phase of works for construction of a square and promenade in Sutomore has been finished and the construction has been approved by the residents. Total estimated projection values of the works on the reconstruction of the coastal zone is 5.357.808,09 EUR.
Works on traffic signalization are estimated at 4.142,80 EUR. Professional supervision will cost 200.000 EUR. Estimated investment value which entails the execution of works on the construction of a square and esplanade in Sutomore, with professional supervision amounts 5.557.808,09 EUR, reported CdM.
The reconstruction of the coastal zone project – roads, squares and esplanades in Sutomore has been designed on the grounds of project task of the municipality of Bar and in accordance with urban and technical requirements. The execution of works will be organized in four phases.
The first phase includes a square with green areas and recreational zones (5.300 square meters). The total projection value of this first phase is estimated at 1.102.415,48 EUR.
The second phase entails functional hinterland and parts of “2a” road and esplanade (4.800 square meters). The total estimated values of the second phase amount to 965.925,21 EUR.
The third phase includes three different functions: a road, coastal esplanade and widening coastal esplanade (7.600 square meters). The total estimated value of the works in the third phase amounts to 2.537.553,27 EUR.
The fourth phase covers “Đurića potok” with public green areas and parts of “1a” and “1b” roads and esplanade (8.700 square meters). The total estimated value of the works in the fourth phase amounts to 747.771,37 EUR.
Read more about business in Montenegro at TMN's dedicated page.
