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

  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
    Read More
  • Ecuador's highway improvements
    February 20, 2012
    Ecuador is investing heavily in its transport infrastructure network at present. The city council in capital Quito says it has plans in hand for around US$579 million worth of road projects in total.
    Read More
  • Slovakia, Salini Impreglio to part ways over D1-Višňové tunnel work
    March 11, 2019
    Slovakia and the Italian-Slovak consortium of Salini Impregilo and Dúha will reportedly end construction of a D1 highway stretch including the Višňové tunnel. The planned 7.5km twin-tube Višňové Tunnel is part of the 13.4km section of the D1 between Lietavská Lúčka and Dubná Skala in northern Slovakia. Work started on what will be Slovakia’s longest tunnel in in June 2015. It is also part of the Corridor 5 of the Trans-European Networks (TEN) which links Bratislava with Uzhhorod in Ukraine and is financed
    Read More
  • Expectations for growth of UAE infrastucture
    February 9, 2012
    The INTERMAT Middle East event is being launched at a pivotal time of major infrastructure development in the region. As with most sectors, the highways industry has not had a fantastic 18 months in the Gulf. Not only has the recession impacted the delivery of projects across the board, GCC Governments' attention have been switching increasingly to rail, as plans to roll out a Gulf-wide rail system gather steam. GCC countries will invest over US$119.6 billion in infrastructure projects over the next decade
    Read More

Highlighted Content