Skip to main content

Bosnian highway underway

Construction work on a section of Bosnia's Corridor 5c highway is set to commence by the end of September 2011.
February 24, 2012 Read time: 1 min
Construction work on a section of Bosnia's Corridor 5c highway is set to commence by the end of September 2011. The section of highway being built is located in Ljubuska and Capljina, with work staring on the 4km Kravica-Bijaca and due for completion in 10 months. Loans worth €511.29 million will be provided jointly by the 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB).

For more information on companies in this article

Related Content

  • Loan to fund Serbian road rebuilding
    September 8, 2014
    Serbia’s Ministry of Construction has plans to rebuild and upgrade some 1,000km of roads between 2014 and 2018. The work is expected to cost €300 million. Serbia’s Government is looking to the EU for the ratification of a previously discussed loan worth €300 million. This loan has been approved by the World Bank, the EBRD and the European Investment Bank (EIB). The money will be used to fund road rebuilding work, with one of the first projects to tackle being the improvement of the Zrenjanin-Zabalj route.
  • Black sea countries complete preparations for implementation of Black Sea Ring project
    August 23, 2016
    The Black Sea Ring Road project will improve transport connections for the region - Eugene Gerden writes. Russia has officially started implementation of a project, known as the Black Sea Ring Road, which involves building a four-lane highway system connecting the countries surrounding the Black Sea. The Black Sea Ring Road is a substantial project, a highway measuring some 7,140km in all. Among the countries participating in the project are Turkey, Georgia, Russia, Ukraine, Moldova, Romania, Greece and
  • Work on a new highway is commencing in Morocco
    March 15, 2013
    Construction activity is commencing on a key highway link in Morocco. Preparation work for the El Jadida-Safi motorway has been underway since September 2012. This new highway will stretch 143km and will connect El Jadida to Jorf Lasfar, Sidi Smail, Sidi Bennour, Oualidia and finally Safi. The work is being split into four sections. The project is expected to cost US$632.5 million and will be financed in part by the European Investment Bank, which has agreed to invest close to $326 million. The Arab Fund fo
  • Funding problems for Bosnia's highway project
    May 14, 2012
    The Bosnian autonomous entity Republika Srpska recently cancelled a highway contract with Austrian construction company Strabag. The problem arose from alleged “irregularities” that saw the contract being awarded directly to Strabag without the work being put out for tender. Because of this, international financial institutions such as the European Bank for Reconstruction and Development (EBRD) have said they will not fund the project.