In October 2008 the Ministry of Sustainable Development and Tourism proposed a Detailed Zoning Plan of the Bar-Boljare Motorway. The third and the northernmost section, from
Mateševo to Boljare (border with Serbia), as well as the small strip across
Lake Skadar, were to be the subject of further negotiations. However, the Greek-Israeli consortium also failed to provide bank guarantees, so the negotiations between the consortium and the government of Montenegro were ended in December 2010. The Government of Montenegro began to explore financing options for motorway construction, including negotiations with
Chinese investors. The possibility of
China Road and Bridge Group and
China Poly Group Corporation building the road, with the financial backing of
Exim Bank of China, was explored. In January 2011, the Montenegrin Minister of Transport sent an official letter of invitation to the
Poly Group. In April 2013 discussions were still under way between the Montenegrin government and Chinese parties and an offer of US$1bn of financing by EXIM bank and the selection of a preferred construction consortium was announced in July 2013. In December 2014 negotiations with Chinese partners successfully concluded. In May 2015 work started on the first section in Montenegro,
Smokovac-
Uvač-
Mateševo, expected to finish within 48 months. == Status ==