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

  • Turkish customs: TAREKS taken to task
    February 29, 2024
    Turkish customs officials, under the TAREKS inspection regime, are taking a harder look at non-EU-made construction equipment. But it appears that some European manufacturers are being caught up in the importation log jam, reports David Arminas.
    Read More
  • Serbia project for Chinese?
    December 11, 2012
    Serbian Minister of Construction and Urbanism, Velimir Ilic, claims the China Roads and Bridges Company (CRBC) has verbally agreed to invest €2.5 billion (US$ 4.8bn) to enable the construction of the Corridor 11 motorway. Ilic said that an official CRBC offer to fund and build the key motorway route will be submitted from the beginning of September 2012. The CRBC is already participating in construction of Serbia’s Zemun-Bora bridge. Ilic added that the World Bank (WB) had expressed interest in funding a
    Read More
  • IRF’s 2022 GRAA winners announced
    November 4, 2022
    The IRF has announced the winners of its 2022 Global Road Achievement Awards.
    Read More
  • New northern relief road for Moscow
    August 20, 2015
    New Concession Company to build northern relief road of Moscow Kutuzov Avenue – Eugene Gerden writes New Concession Company has won a tender for the building of the Northern relief road of Kutuzovsky Avenue, a major radial avenue in the Russian capital Moscow. The firm is part of Leader company (one of Russia's largest management companies), owned by Yuri Kovalchuk, a well-known Russian businessman, who is reportedly close to Russia’s president Vladimir Putin. It is planned that the building of the n
    Read More

Highlighted Content