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

  • Moscow to turn from implementation of Fourth Ring Road project
    January 5, 2016
    The Moscow City Government plans to complete building of the North-East and North-West Chords, two of the biggest road building projects in the city for the last 15 years The links will be completed during the next several months, according to an official spokesman of the Moscow Government. Both roads are considered as a cheaper alternative to the Fourth Ring Road, the construction of which was considered by the Moscow Government several years ago. However due to huge costs, which are estimated at mo
    Read More
  • New US$200 million ring road to be built in Belarus capital Minsk
    May 23, 2014
    Minsk is to benefit from a new ring road that will cut city congestion - Eugene Gerden reports The government of Belarus is investing more than US$200 million in the building of a new ring road around the country’s capital Minsk, in accordance with a government decree. Implementation of the project is taking place as part of the existing large-scale state road building programme in the country until 2017, with the total cost estimated at US$5 billion. The new road will measure some 85km long and will feat
    Read More
  • Italian firms’ more global vision
    February 22, 2013
    At a diminished Asphaltica exhibition, many of Italy’s asphalt sector companies spoke of the importance of overseas markets. Kristina Smith spoke to some of the firms seeking export success. Italy’s 6th Asphaltica show, held in Padua in November last year, provided a snapshot of the challenging economic conditions faced by the country. 2012 was the year when Italy felt the impact of the economic crisis which many other European countries had already suffered. Reflecting this, the exhibition was half the siz
    Read More
  • Bidding for $17 billion Iraq-Turkey road project
    August 5, 2025
    Bidding will commence in late 2025 for the $17 billion Iraq-Turkey road project.
    Read More

Highlighted Content