Skip to main content

Turkish contractors could build new Bosnian highway

An announcement is due shortly with regard to the Corridor Vc highway in Bosnia. Several talks have been held with Turkish companies for the construction of the highway. The project value is expected to reach some €2 billion. The project is of strategic importance for Bosnia, although the country lacks necessary funding.
April 26, 2012 Read time: 1 min
An announcement is due shortly with regard to the Corridor Vc highway in Bosnia. Several talks have been held with Turkish companies for the construction of the highway. The project value is expected to reach some €2 billion. The project is of strategic importance for Bosnia, although the country lacks necessary funding.

Related Content

  • Major Colombian highway projects underway
    January 22, 2021
    A series of major Colombian highway projects is now underway.
  • VDMA reports on construction machine business
    August 2, 2016
    The German construction equipment manufacturing association reports wide variations in business activity across different markets. Overall, the VDMA reports that for construction equipment, the 2016 growth forecast remains at over 3%. According to the VDMA, German construction equipment manufacturers remain cautiously optimistic at the middle of the year. “After a great bauma trade fair in April we are again in the midst of our daily business – which holds a number of challenges and uncertainties,” said
  • China moves on concrete highway plan
    March 6, 2012
    The authorities in China are now acting on plans announced last year to build a proportion of the country's new highway network from concrete. The new 84km highway connecting Xingtai in Hebei and Fenyang in Shanxi will be constructed with a concrete surface. The project is due for completion in mid 2013 and is expected to cost some US$1.37 billion to construct. This development is of note as the country has built most of its most recently constructed highways using asphalt technology.
  • Kenya plans to privatise road repairs and maintenance
    March 25, 2015
    The Kenyan Government is opting to privatise the construction and maintenance of several of its major highways. This change in policy will be introduced over the next two years. The main reason for the switch is that country has an annual infrastructure financing gap of some US$22 billion. The lack of funds available has meant that the Kenyan Government has only been able to allocate a mere $22 million/year for road maintenance. In addition to that, the government will at pave least 10,000km of roads over n