Tag: construction

(Main photo: Commercial for the Belt and Road Initiative in one of the Macedonian trains purchased from China reading “Speed up the Belt initiative, Charming Macedonia") It took North Macedonia only a few years to dramatically change its bilateral relationship with China. In 1999, it was the sole European country that recognized Taiwan as an independent state, besides the Vatican....

Instead of the initial fee of MKD 61 (€1, roughly) per square meter valid up to now, the privatization of the state-owned land for commercial constructions will be paid MKD 13,140  per square meter if it is implemented in terms of acquired ownership rights and is carried out through the Directorate for Property and Legal Affairs Administration, the government...

The past 2021 was a year that was marked by the ongoing development of passenger traffic but was also marked by the country's railroad downgrading. Also, the past year can be described as a period where the key infrastructural projects in Macedonia got stuck in the labyrinths of tenders and administrative procedures. The international tender for building the railroad...

During this year, North Macedonia expects an increased development of its road infrastructure, including putting into use of several new roads that were being built in the past few years. Despite the usual delays during the implementation of the projects due to the common problems that were bolstered last year with the COVID-19 pandemic, in 2021, the improvement of...

In November last year, 208 building permits were issued in North Macedonia, which is 14.4% drop compared to the same month n 2019, announced the State Statistical Office (SSO) of North Macedonia. The assumed value of the facilities is 1.921.700 MKD (31.247.000 EUR) which is 22.2 % less compared to the same month in the prevoius year. Out of the total...

On the 2nd of March 2014, with much ado, in front of numerous TV cameras, the reconstruction of the railway line Kumanovo - Beljakovce started, as the first phase of the project for the construction of the railway line to Bulgaria. The start of the building of the railway line in its length of 30.8 km was announced by...

The new summer season is about to start but the first several kilometers of the Kichevo - Ohrid motorway still aren't in regular use. The promises of the authorities were that this year the first, more or less, 10 km of this motorway will be put into use in the area between Vrbjani and Ohrid, which is the part...

“Moderately unsatisfactory” is the grade that the World Bank gave for the progress of the implementation of the project for the construction of the Rankovce - Kriva Palanka Expressway, on Corridor 8. The World Bank, which sources the money for the project, emphasizes that the construction of the 23 kilometres long road is underway, but the progress of the works...

The committee for operational monetary policy at the National Bank, yesterday decided that the interest rate on central bank bills will remain at the same level of 2.25% due to a favorable shift in the economy. "In regard to the latest macroeconomic indicators, after a relatively solid growth of the economy in 2018, so far, available high frequency indicators of...

The construction of the Skopje-Blace highway will start in spring, next year and will be built in two phases, said Minister of Transport and Communications Goran Sugareski during a working visit to the Municipality of Arachinovo. In the first phase, 1.6 km will be built and then the remaining part of a dozen kilometers will be completed, further construction will...

The Greek company “Aktor” has no knowledge of the existence of a prosecution regarding the contract for building the Demir Kapija – Smokvica highway, announced the company. They said that after the performed audit, the judiciary in Skopje, have put the case in the archive dated 2014. According to then, the contract for building the highway was signed on...

The European Anti-Fraud Office (OLAF) has charged the Greek company “Aktor” for fraud and laundering 50 million euros  in connection with the construction of a highway Demir Kapija – Smokvica, reported Greek media outlets “Protothema” and “Kathimerini”. The case found itself under scrutiny by the public prosecutor after evidence was collected by OLAF. The Greek construction company in 2012 won the...

The Mayor of Gevgelija, Ivan Frangov, today, stated to “Meta” that the new water supply system in Gevgelija is being constructed because the city needs additional quantities of water. He claims that the water in Gevgelija is clean, but that local authorities want to remove any doubt. “We have decided to build a new water supply system because we need...

Foreign investment in the first three months of this year amounted to 58,7 million euros, which is 8.7 percent less than the same period last year, stated the National Bank. Most foreign investments are from Liechtenstein which comes to a total of 7,6 million euros, then Italy with 4,35 million euros, and lastly Austria with 3,4 million euros. In terms of...

Prime Minister Nikola Gruevski , Minister of Labor and Social Policy Dime Spasov and the Mayor of the Petrovec municipality Borche Mitevski, inaugurated the construction of a new kindergarten in the municipality which will house around 80 children. The kindergarten will be finished in two to three months and will cost 15 million denari, ten of which are provided...