| WBIF | Grant | WB17-MNE-TRA-03 | € 2,401,950 |
| EBRD | Loan | € 55,200,000 | |
| Other Sources | Other Sources | € 128,800,000 | |
| Other Sources | External Grant | € 5,520,000 | |
| Total | € 191,921,950 | ||
| Total Grants | € 2,401,950 | ||
| Total Loans | € 55,200,000 | ||
The Bar - Boljare highway, approximately 169 km long, will cross the entire country and connect it, from the Adriatic coast, through Podgorica to Serbia, and onwards, via highway Pozega - Belgrade, to TEN-T Corridor X, Romania, and Central Europe. It will link the ports on the Adriatic Sea to those on the Danube (Corridor VII and Corridor X) too. Moreover, this will be the shortest connection from Hungary and Romania through Serbia and Montenegro to southern Italy and Albania.
The construction of the highway is planned under the Spatial Plan of Montenegro by 2020, and it will be developed in four phases:
The WBIF finances the preparation of the preliminary design and ESIA for the construction of the Podgorica bypass on the alignment Smokovac – Tolosi – Farmaci as part of Phase II of the project. It has a total length of 18 km and the estimated period for the construction of the full profile of this section is 3 years.
