Skip to main content

Turkish firms bidding for Bosnian project

Bosnian Minister of Transport and Telecoms, Damir Hadzic, who is currently visiting Turkey has reported that there is a possibility that Turkey could be awarded a concession for construction of the southern part of the Corridor Vc motorway through Bosnia. He made his announcement for the Andoli agency. He said that he already held several talks with Turkish companies for construction of the motorway. The project value is expected to reach approximately EUR 2bn (USD 2.63bn). Mr Hadzic said that Bosnia could
April 19, 2012 Read time: 1 min
Bosnian Minister of Transport and Telecoms, Damir Hadzic, who is currently visiting Turkey has reported that there is a possibility that Turkey could be awarded a concession for construction of the southern part of the Corridor Vc motorway through Bosnia. He made his announcement for the Andoli agency. He said that he already held several talks with Turkish companies for construction of the motorway. The project value is expected to reach approximately EUR 2bn (USD 2.63bn). Mr Hadzic said that Bosnia could sign a special cooperation model with Bosnia for the upcoming project. The project is of strategic importance for the country. However, he said that Bosnia is lacking necessary funding.

Related Content

  • Loan for Bosnia project
    June 25, 2012
    The European Bank for Reconstruction and Development (EBRD) has granted a €150million sovereign-guaranteed loan for the construction of part of the new Banja Luka–Doboj motorway in Bosnia and Herzegovina. The loan-targeted motorway section is the main east–est link in Republika Srpska, one of the country’s entities. The EBRD said that it will also support the preparation of the first public–private partnership (PPP) project for the main north–south link in Bosnia and Herzegovina, the Doboj to Vukosavlje seg
  • Russian road-building industry on verge of massive cuts
    June 10, 2015
    Russia’s road building programme looks set to be cut due to economic issues - Eugene Gerden writes The Russian Government is considering a significant cut to the existing road building programme for the current year. This is due to a current economic crisis in the country, caused by Western sanctions as well as a collapse in the price of oil and gas.
  • Bosnia invests in roads and highway construction
    May 15, 2012
    The Government of Federal Bosnia & Herzegovina plans to invest e5.5 billion in building roads, highways and new energy projects. To achieve this programme a new consortium will be set-up to secure part of the necessary capital, while part will be financed by strategic partners. The authorities are also working on plans for construction of the Corridor 5c highway.
  • Tender process starts for Bosnian highway project
    May 10, 2012
    The tender process to construct a €1.3 billion highway project in the Bosnian autonomous entity of Republika Srpska is underway and will be open until 2 September, 2011. Bosnia's Ministry of Transport has held talks with a total of five companies so far. The highway will run from Glamocani through Banja Luka and to the town of Mrkonjic.