Construction delays affect Bosnian highway project

In Bosnia, delays have affected the construction work on the country’s key Corridor 5c highway project. So far 37km of the 336km Corridor 5c highway has been built, with 21km under construction and a further 43km section being cleared for work to commence. Construction work on a section of the 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 mon
May 10, 2012 Read time: 1 min
In Bosnia, delays have affected the construction work on the country’s key Corridor 5c highway project. So far 37km of the 336km Corridor 5c highway has been built, with 21km under construction and a further 43km section being cleared for work to commence. Construction work on a section of the 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

  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • Loan to finance major Nicaragua road project
    September 7, 2017
    The project to widen Managua’s Pista Juan Pablo II highway in Nicaragua has taken another step forward to commencing. Nicaragua’s Government is giving its approval for a loan to pay for the project. The US$105.4 million loan will be provided by the Central American Bank for Economic Integration (CABEI). Further funding worth $136 million is being provided by the European Investment Bank (EIB), with $33.4 million coming from the Nicaragua Government.
    Read More
  • Serbia to tender for Nis-Pristina motorway by end of 2018
    March 6, 2018
    The first tender for construction of the Nis-Pristina motorway could be called by the end of his year, according to Zorana Mihajlovic, Serbia’s minister of construction. Value of the first phase of the project is estimated at €240 million. Around 20% of the amount will be financed from aid, while the remainder will be secured by the EBRD (European Bank for Reconstruction and Development) and the EIB (European Investment Bank).
    Read More
  • EBRD to support Bosnian flood damaged road repairs
    September 14, 2017
    Bosnia has picked up a €221 million loan from the European Bank for Reconstruction to finance two road projects, including a Corridor Vc section. Up to €65 million of the a €221 million will be for flood damage repairs.
    Read More

Highlighted Content