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.
Finance & Funding

Related Content

  • Foreign financing to fund Nepalese tunnel
    May 22, 2014
    Foreign financing will help fund Nepal’s Kathmandu-Kulekhani-Hetaudi Tunnel Highway project. The 58km highway is expected to cost some US$375 million in all and Nepal Purbadhar Bikash Company (NPBCL) plans to raise some $273.5 million of this from foreign investors. This move comes after it NPBCL to secure funding from local investors for the project. Part of this new plan will include NPBCL lowering equity contribution from the general public and promoters to 20% from the previous 50%. NPBCL seeks to have
    Read More
  • Russia invests in rural road upgrades
    March 22, 2012
    Russia’s road building and upgrading programme is now gathering pace. Russia's Federal Highway Agency plans to bring over 85% of federal roads into conformity with road traffic regulations. The Federal Highway Agency has boosted construction of rural roads by establishing road funds and built over 500km in 2011. The Russian Government plans to allocate nearly US$198 million to build key roads in 2012. The Federal Highway Agency has set road upgrades as a top-priority. Under this plan road bearing capacity w
    Read More
  • Russia's massive road investment continues
    March 23, 2012
    Russia’s road building and upgrading programme is now gathering pace. Russia's Federal Highway Agency plans to bring over 85% of federal roads into conformity with road traffic regulations. The Federal Highway Agency has boosted construction of rural roads by establishing road funds and built over 500km in 2011.
    Read More
  • Russian road-building industry on verge of massive cuts
    June 10, 2015
    Russia’s road building programme looks set to be cut due to economic issues - Eugene Gerden writes The Russian Government is considering a significant cut to the existing road building programme for the current year. This is due to a current economic crisis in the country, caused by Western sanctions as well as a collapse in the price of oil and gas.
    Read More

Highlighted Content