Bosnia’s Autoceste FB&H re-tenders for Pocitelj-Zvirovici project

Bosnia’ public roads authority Autoceste FB&H has re-tendered for construction of 12km of the Pocitelj-Zvirovici part of the Corridor 5C motorway. The work, including the 945m Pocitelj Bridge, is worth around €100million with financing by the European Investment Bank (EIB). A previous tender was called in 2014 when the contract has been awarded to Strabag and Euroasfalt companies, in spite of better offers from Viadukt and Hering, according to media reports.
July 23, 2018 Read time: 1 min
Bosnia’ public roads authority Autoceste FB&H has re-tendered for construction of 12km of the Pocitelj-Zvirovici part of the Corridor 5C motorway.


The work, including the 945m Pocitelj Bridge, is worth around €100million with financing by the 1054 European Investment Bank (EIB).

A previous tender was called in 2014 when the contract has been awarded to 945 Strabag and 5741 Euroasfalt companies, in spite of better offers from 5438 Viadukt and 8004 Hering, according to media reports.

But tenders were dismissed after the EIB had concerns over the publishing of confidential information regarding the tenders.

The latest tender was called in March this year after the best offer has been submitted by a consortium made up of Power Construction Corporation of China and Azvirt. Tender was also attended by Fernas & Ozgun Insaat from Turkey, Euro-Asfalt, Strabag, China Gezhouba Group Company Limited and Cengiz Insaat Sanayi ve Ticaret from Turkey.

Finance & Funding

For more information on companies in this article

Related Content

  • 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
  • Strabag-led consortium wins €178 million R2 Slovakia expressway contract
    November 22, 2013
    A consortium led by the European construction group Strabag has signed the €178 million contract to build the 10.4km long section of the R2 expressway between Pstruša and Kriván in Slovakia. The R2 expressway runs through the valley of the Slatina River in central Slovakia and links the cities of Pstruša and Kriván. “After years of restraint in public-sector expenditures, the Slovak construction industry is again beginning to recover. We are bidding for several large contracts that are currently in the t
    Read More
  • Colombian concession contracts cause concern
    June 13, 2014
    A report from insurance firm AIG warns that up to half of Colombia's 4G highway concessions could face financial hurdles due to over-estimated predictions of traffic flows. Colombia is at present putting out to tender its fourth generation (4G) concessions, which involve some US$25 billion in investment, reports Business News America. This investment is impressive and is Latin America's biggest move to expand and improve road infrastructure. But while many companies have shown interest and were prequalified
    Read More
  • Slovakia: early 2017 restart for work on the Cebrat Tunnel
    May 27, 2016
    Roman Brecely, Slovakia’s transport minister, has said that construction of the 2km long motorway tunnel Cebrat near Ruzomberok could be resumed at the beginning of 2017. But the cost is expected to increase by around €100 million. He added that the government likely will seek European Union funding. Construction was halted a year ago over concerns about the possibility of landslides and other geological issues. For this reason, the tunnel route may alter and be an additional 1.5km longer. The tunn
    Read More

Highlighted Content