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

  • Brazil's risky road business?
    March 1, 2012
    Questions are being asked in Brazil over the terms and conditions set on the tender for Rodoanel, a ring-road around Sao Paulo.
    Read More
  • Road charging the way forward for road funding?
    May 23, 2012
    Major changes will be required in the way that highway infrastructure investment is funded in many developed nations. Fuel taxation is a key source of income for governments, with some countries (such as the US) using a set sum for road repairs, maintenance and new construction. Fuel taxation is a proportional way to fund road infrastructure improvements, basically as larger vehicles or those that are used more, will pay more.
    Read More
  • Italian highway bridge and tunnel link
    June 20, 2022
    A project in Central Italy is seeing the construction of new tunnel stretches, a bridge and a viaduct. The work is being carried out on State Road 318 by BESIX in partnership with DONATI, close to Perugia in Umbria.
    Read More
  • Australian state government does a deal with East West Connect
    April 15, 2015
    The state government of Victoria in Australia will pay the East West Connect consortium US$258 million to cancel construction of Melbourne’s East West Link road tunnel. The payoff is to cover the consortium's bidding, design and pre-construction costs and draw a line under the deal that has been mired in financial controversy for years. The federal government slammed Victoria’s decision to bail out of the project as “an obscenity’’ that will cost 7000 jobs, according to a report in The Australian news
    Read More

Highlighted Content