The Billion-Dollar Highway: A Costly Development in Montenegro

TLDRA newly built 41-kilometer highway in Montenegro, financed by Chinese loans and built by Chinese laborers, has become a burden on the country's finances. The project has led to environmental damage, including the death of the Tara River, and has raised concerns about Montenegro's increasing debt and its bid to join the EU.

Key insights

💰The 41-kilometer highway in Montenegro was built with a cost of 1 billion euros, financed by Chinese loans.

🌍The construction of the highway has resulted in environmental damage, including the death of the Tara River and the loss of biodiversity.

🤝The project was undertaken by a Chinese company, which brought in Chinese laborers to work on the construction.

👨‍💼The highway has led to a business boom in the town of Kolachine, attracting tourists and boosting sales.

🚧The highway's completion has raised concerns about Montenegro's increasing debt and its bid to join the EU.

Q&A

Who financed the construction of the highway?

The construction of the highway was financed by Chinese loans.

How has the construction of the highway affected the environment?

The construction of the highway has resulted in environmental damage, including the death of the Tara River and the loss of biodiversity.

Who worked on the construction of the highway?

The construction of the highway was undertaken by a Chinese company, which brought in Chinese laborers to work on the project.

What impact has the highway had on the town of Kolachine?

The completion of the highway has led to a business boom in the town of Kolachine, attracting tourists and boosting sales.

What concerns has the completion of the highway raised?

The completion of the highway has raised concerns about Montenegro's increasing debt and its bid to join the EU.

Timestamped Summary

00:02The construction of the 41-kilometer highway in Montenegro took seven years and cost 1 billion euros.

00:17Chinese loans financed the construction of the highway, which was built by a Chinese company with Chinese laborers.

00:32The town of Kolachine has experienced a business boom since the completion of the highway, attracting tourists and boosting sales.

01:06Environmental damage, including the death of the Tara River and the loss of biodiversity, has been caused by the construction of the highway.

03:49The completion of the highway has raised concerns about Montenegro's increasing debt and its bid to join the EU.