Albania, Montenegro, and China Pacific Construction Group have signed a memorandum of understanding (MoU) for the development of the Blue Corridor road project.
The MoU has been signed by Albanian Minister of Infrastructure Edmond Haxhinasto, Montenegrian Minister of Infrastructure Ivan Brajovic and the president of Pacific company, Yan Jiehe.
Under the terms of the agrrement the Chinese company will carry out the development of the Albanian segment of the Blue Corridor project which involves two stretches: Thumane - Peze - Mullet and Peze - Dushk.
The Blue corridor, or the Adriatic-Ionian motorway, is a planned road that will stretch along the entire eastern shore of Adriatic and Ionian seas, spanning the western coast of the Balkan peninsula. The road is seen as a matter of national importance to Croatia, Montenegro and Albania.
The road is planned to start in Trieste, Italy, pass through Slovenia, enter Croatia near Rijeka, and continue through Croatia as part of A1 motorway. A section of the motorway might pass near Trebinje, Bosnia and Herzegovina before entering Montenegro. Passing Podgorica, the motorway will enter Albania north of Lake Scutari. Exiting Albania, the motorway will follow the Greek section of E55 route.