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

  • Polish project plan
    February 28, 2012
    The authorities in Poland are looking for solutions to the debacle that has become the A2 highway project.
    Read More
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.
    Read More
  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.
    Read More
  • Montenegro and Bosnia co-operate on highway
    April 25, 2012
    Montenegro is to start work on a new highway project in cooperation with neighbouring Bosnia. The countries will work together on the Podgorica-Sarajevo highway and the two projects will be discussed by the governments of both countries soon. Meanwhile in nearby Serbia, the Ministry of Infrastructure and Energy has held discussion with the World Bank (WB) regarding a new loan of €100 million for construction of the Corridor 10 motorway.
    Read More

Highlighted Content