North Macedonia Invests €5–6 Billion in Transport Infrastructure

Deputy Prime Minister and Transport Minister Aleksandar Nikoloski said North Macedonia has invested between 5 and 6 billion euros to develop infrastructure on Pan-European Corridors 8 and 10. He made the remarks in an interview with the regional network ERNO.

Nikoloski said the two corridors cross on North Macedonian territory, giving the country a significant geographic advantage. Corridor 8 runs east-west and Corridor 10 runs north-south. He stated that North Macedonia is the only country in Southeast Europe where two Pan-European corridors intersect, a position he said offers major opportunities for regional transport and transit.

He noted that the investments are very large compared with the country's gross domestic product and that North Macedonia aims to increase its competitiveness as a regional transit route. Nikoloski added that the infrastructure work has been praised by international institutions, including the European Commission, the European Investment Bank and the European Bank for Reconstruction and Development.