A major highway deal has been awarded by the Bosnian authorities

Construction work is now going ahead on the Suhodol-Tarcin section of Bosnia’s Corridor Vc highway. The Bosnian Government and highway company Autoceste FBiH Mostar signed a contract with Turkish company Cengiz Insaat Sanayi ve Ticaret for this section of the Corridor Vc highway. The deal is worth €115.2 million and will be for construction of a total of 5km of the motorway. The work is expected to take 28 months to complete. However a consortium of five construction companies from Bosnia and Herzegovina is
May 25, 2012 Read time: 2 mins
Construction work is now going ahead on the Suhodol-Tarcin section of Bosnia’s Corridor Vc highway. The Bosnian Government and highway company 5740 Autoceste FBiH Mostar signed a contract with Turkish company 4144 Cengiz Insaat Sanayi ve Ticaret for this section of the Corridor Vc highway. The deal is worth €115.2 million and will be for construction of a total of 5km of the motorway. The work is expected to take 28 months to complete. However a consortium of five construction companies from Bosnia and Herzegovina is said to have lost the deal for the construction of this section of the Corridor Vc highway because it failed to meet deadlines for the Kakanj-Biljesevo stretch. Led by Croatia's construction company 5438 Viadukt, the consortium offered to carry out the work for €113 million. In addition to Viadukt this consortium comprises GP Put, 5741 Euroasfalt, Hering, 5742 ZGP and 5579 Hidrogradnja. Work is now commencing on the Corridor Vc highway, which is located in the northern part of Bosnia, and is due for completion by the middle of 2014. Bosnia's Ministry of Transport and Telecoms has said however that the documentation relating to the construction of the bridge over the Sava River will be submitted to the authorities in Zagreb, Croatia. This is because the project will be managed by Croatia. The bridge will cost €22 million to construct with the cost being shared equally between the authorities in Bosnia and Croatia.

For more information on companies in this article

Related Content

  • Romanian highway works commencing
    July 15, 2022
    Highway works are commencing in Romania.
    Read More
  • Mostotrest won another tender for building of Moscow-St Petersburg highway
    February 20, 2014
    The award for a key stretch of the Moscow-St Petersburg highway has been awarded - Eugene Gerden writes As expected by analysts, Mostotrest, owned by the Rotenberg brothers, won the tender for the construction of the sixth and longest section of the Moscow-St Petersburg highway. Under the conditions of the tender the company will build 209km of the highway (334-543km), which will pass through the Tver and Novgorod regions of Russia. The cost of construction is 144.6 billion Rubles (US$4.51 billion), 16 bill
    Read More
  • Bosnia strategy
    March 1, 2012
    Bosnia & Herzegovina plans to invest some €2.9 billion in constructing highways by 2017.
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More

Highlighted Content