IFC to provide consultancy on three-section Corridor Vc works

JP Autoceste FBiH, the state-owned motorway company of Bosnia's Muslim–Croat Federation, has revealed that the International Finance Corporation (IFC) will provide consultancy for finding a private partner for three sections of Corridor Vc. The IFC consultancy-covered sections are Doboj Jug (Karusa)-Medakovo (4km); Medakovo-Ozimica (21km); and Ozimica-Poprikusa (13.7km). The consultancy deal will last for a period of 15 months during which a due diligence of costs and a study for the three Corridor Vc secti
May 3, 2013 Read time: 1 min
JP 5740 Autoceste FBiH, the state-owned motorway company of Bosnia's Muslim–Croat Federation, has revealed that the International Finance Corporation (IFC) will provide consultancy for finding a private partner for three sections of Corridor Vc.

The IFC consultancy-covered sections are Doboj Jug (Karusa)-Medakovo (4km); Medakovo-Ozimica (21km); and Ozimica-Poprikusa (13.7km). The consultancy deal will last for a period of 15 months during which a due diligence of costs and a study for the three Corridor Vc sections’ construction will be prepared.

It was said that the Corridor Vc project is expected to attract €300 million in investments. Some 10% of the project will be financed by JP Autoceste, while the remainder will be financed by the IFC through a deal with the potential partner from a private sector.

For more information on companies in this article

Related Content

  • Bosnia gets €750 million loan for Corridor 5C motorway
    March 1, 2018
    Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project. Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans. Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million. The money will be used for constructing four 70km sections of
    Read More
  • EBRD sets out new loans for Coratia’s road agency, Hrvatske autoceste
    April 1, 2016
    The European Bank for Reconstruction and Development (EBRD) and Hrvatske autoceste – a state-owned company in charge of the construction, maintenance and tolling of Croatia’s motorways – have signed a loan of up to €250 million. The EBRD’s sovereign-guaranteed loan will come in two tranches. The first €200 million will be used to refinance a portion of HAC’s sovereign-guaranteed debt falling due in 2016. The remaining €50 million will finance operational and efficiency improvements and may serve as a
    Read More
  • Bosnia cancels a tender for Corridor 5C, part of European route E73
    March 13, 2017
    Bosnia is cancelling a tender for part of its Corridor 5C project, an integral part of the class-A north-south central European route E73. Route E73 runs around 700km from Hungary south through eastern Croatia to Bosnia and Herzegovina and the Adriatic Sea in the area of Ploče port. The longest part of this corridor goes through Bosnia and Herzegovina – nearly 340km. Director of the Bosnian motorways company Autoput FBiH, Adnan Terzic, confirmed the cancelled tender to the Bosnian daily newspaper Dnev
    Read More
  • Bosnian road toll charges to increase by over 100%
    June 22, 2012
    Road tolls in Bosnia are to rise by over 100%. Director of the Bosnian motorways company Autoceste FBiH, Ensad Karic, said the federal government Federal Bosnia and Herzegovina had approved the increase, effective from 13 June, 2013. Prices for personal vehicles will increase from BAM 2 to BAM 4.20 (US$2.68) on the Sarajevo-Zenica 37km motorway.
    Read More

Highlighted Content