Bosnia invests in roads and highway construction

The Government of Federal Bosnia & Herzegovina plans to invest e5.5 billion in building roads, highways and new energy projects. To achieve this programme a new consortium will be set-up to secure part of the necessary capital, while part will be financed by strategic partners. The authorities are also working on plans for construction of the Corridor 5c highway.
May 15, 2012 Read time: 2 mins
The Government of Federal Bosnia & Herzegovina plans to invest €5.5 billion in building roads, highways and new energy projects.

To achieve this programme a new consortium will be set-up to secure part of the necessary capital, while part will be financed by strategic partners. The authorities are also working on plans for construction of the Corridor 5c highway.

Construction of the link will receive backing in the shape of €500 million worth of loans from the EBRD and the 1054 European Investment Bank. The tender process for this project is due to start shortly. However, full approvals still have to be given following complications with the regulatory system.

Construction work will start shortly on the Mahovljanska loop, an important part of the Banja Luka-Doboj highway in Bosnia. This forms a key section of the Banja Luka-Gradiska highway and the agreement was signed by officials in the Bosnian roads company 1552 Autoputevi Republike Srpske, Czech firm 980 OHL ZS and representatives of Niskogradnja.

The value of the contract has not been revealed and officials from the transport ministry are discussing details of the project with Austrian contractor 945 Strabag.

For more information on companies in this article

Related Content

  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • Romanian road revamp to commence
    March 5, 2012
    Austrian contractor STRABAG is to upgrade Romania's national roads DN14 and DN15A in deals worth a total of some €106 million.
    Read More
  • Contract for Romanian highway construction signed
    May 10, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million. The Portuguese contractor Monte Adriano will construct the section linking Nadlac with Pecica. Romania has pledged to improve and expand its highway network with the construction of new links, and much of the funding for its highway plans has been provided by the European Bank for Reconstruction and Development and the European Investment Bank (EIB).
    Read More
  • Seven bids submitted for Croatia’s Peljeski bridge access roads
    June 18, 2018
    Croatia’s construction company Integral Inzinjering has submitted the lowest bid of €43 million for construction of access roads for the Peljeski bridge project. Croatian daily newspaper Vecernji List reported that seven bidsd were submitted for the 12.4km project. Highest bid of €88 million has come from China Road and Bridge Corporation, which has the contract to build the bridge. Austria's Strabag offered €65 million. Other bidders were France's Colas, Croatia's GP Krk in cooperation with the Bosni
    Read More

Highlighted Content