Skip to main content

Funding package secured for Bosnia highway work

Funding has been secured to pay for key highway projects planned for Bosnia and Herzegovina. The Federal Bosnia and Herzegovina Government is planning to use just over €138 million of its budget to build new highway trunk road sections. These projects include new trunk roads between Lasva and Nvic as well as Praca and Gorazde, the ring road for Mostar and the Hranjen Tunnel.
October 29, 2019 Read time: 1 min
Funding has been secured to pay for key highway projects planned for Bosnia and Herzegovina. The Federal Bosnia and Herzegovina Government is planning to use just over €138 million of its budget to build new highway trunk road sections. These projects include new trunk roads between Lasva and Nvic as well as Praca and Gorazde, the ring road for Mostar and the Hranjen Tunnel.

Related Content

  • Bosnia highway deal going ahead
    June 12, 2019
    The package of works to construct the Pocitelj-Zvirovici stretch of the Corridor VC motorway in Bosnia has been awarded to two Chinese contractors. The 11km stretch of the route will cost nearly €103 million to build. The work will be handled jointly by the Synohydro Power Company and China State Construction Engineering Company. The package of works was awarded by Bosnia’s motorway company, Autoceste Federacije BiH. A portion of the funding required is being provided by the European Investment Bank (EIB).
  • Funding secured for Indonesian road projects
    January 13, 2022
    Funding is being secured for key Indonesian road projects.
  • Costa Rica highway concession package cancelled
    March 19, 2014
    The Costa Rican Government is paying compensation worth US$28.4 million for the cancellation of a highway concession package. The compensation relates to the San José-San Ramón highway concession and is being paid to the Brazilian construction company OAS, reports Business News Americas. This follows a legal dispute over the project and is some $10 million less than OAS originally claimed in compensation. The 30 year concession package was cancelled last year due to opposition. There were allegations of a c
  • China funding road work in Nepal
    April 26, 2012
    China is helping provide funding for Nepal's road expansion. The Chinese Government has agreed a deal with the Nepalese Government to expand the Kathmandu Valley ring road. The feasibility study for the project has been completed and design work is currently underway.