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

  • EBRD sets out new loans for Coratia’s road agency, Hrvatske autoceste
    April 1, 2016
    The European Bank for Reconstruction and Development (EBRD) and Hrvatske autoceste – a state-owned company in charge of the construction, maintenance and tolling of Croatia’s motorways – have signed a loan of up to €250 million. The EBRD’s sovereign-guaranteed loan will come in two tranches. The first €200 million will be used to refinance a portion of HAC’s sovereign-guaranteed debt falling due in 2016. The remaining €50 million will finance operational and efficiency improvements and may serve as a
    Read More
  • Slovakia concerned over tenders for D1 Presov and D3 Cadca bypasses
    September 14, 2016
    The Slovakian government is examining bids for two tenders for motorway stretches D1 because of their higher-than-expected costs. The deal involves the Presov West - Presov South stretch and the D3 Cadca, Bukov - Svrcinovec section, according to a report in Pravda. Both projects are bypasses of Cadca, near the border with Poland and the Czech Republic, and Presov in eastern Slovakia. The newly appointed transport minister, Arpad Ersek, review the tenders, the Pravda report said. The Slovak Insti
    Read More
  • Work on Serbia’s Corridor 10 highway is on track
    April 3, 2014
    In Serbia work on the Corridor 10 highway looks set to be completed as planned in 2016. Serbian roads company, Koridori Srbije, says that that the Corridor 10 motorway should be completed by the middle of 2016. The World Bank (WB) mission visited building sites on Corridor 10 and said that considerable progress has been made, with an additional 23% of works having been carried out in the last 18 month period. In 2014 alone, 50km of the route will be completed. Work is being carried out on 238 bridges, out o
    Read More
  • A11 Belgium motorway is first EIB Project Bond Initiative funded project
    March 27, 2014
    Belgium’s €577.9 million A11 motorway Public-Private Partnership (PPP) project has become the first greenfield infrastructure works to receive credit enhancement under the European Commission and EIB (European Investment Bank) Project Bond Initiative. The financing, secured by an EIB letter of credit, is part of the test phase for the 2012 Brussels-launched Project Bond Initiative aiming to invigorate capital market financing for infrastructure projects. The A11 motorway is due for completion in 2018. The
    Read More

Highlighted Content