Plans delayed for Bosnia’s Lasva-Travnik high-speed road

Construction of the 25km Lasva-Travnik express road in Bosnia and Herzegovina has been delayed, according to the government. Adnan Terzic, director of the motorways company Autoceste FBiH, said the issue is funding and the company is awaiting release of around €92 million by the International Monetary Fund (IMF).
August 17, 2017 Read time: 1 min
Construction of the 25km Lasva-Travnik express road in Bosnia and Herzegovina has been delayed, according to the government.


Adnan Terzic, director of the motorways company 5740 Autoceste FBiH, said the issue is funding and the company is awaiting release of around €92 million by the 3684 International Monetary Fund (IMF).

The government is reportedly seeking to replace the IMF's funding with money from commercial banks through an issue of treasury bills.

The four-lane road, which will include 18 bridges and viaducts and three tunnels, links Travnik with the capital Sarajevo and other wealthy regions. It will be vital to the economic development of central Bosnis, a report in the Sarajevo Times said.

When the Lasva-Travnik road is completed, work will start on the Travnik to Jajce road, worth around €280 million.

Finance & Funding

For more information on companies in this article

Related Content

  • Slovakia, Salini Impreglio to part ways over D1-Višňové tunnel work
    March 11, 2019
    Slovakia and the Italian-Slovak consortium of Salini Impregilo and Dúha will reportedly end construction of a D1 highway stretch including the Višňové tunnel. The planned 7.5km twin-tube Višňové Tunnel is part of the 13.4km section of the D1 between Lietavská Lúčka and Dubná Skala in northern Slovakia. Work started on what will be Slovakia’s longest tunnel in in June 2015. It is also part of the Corridor 5 of the Trans-European Networks (TEN) which links Bratislava with Uzhhorod in Ukraine and is financed
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More
  • Progress delayed on Kenya's vital highway link
    February 16, 2012
    Kenya is investing in road developments , reports Shem Oirere. A multi-million dollar highway expansion project in Kenya's capital Nairobi may now be delayed for close to a year because of a huge underground network of water, electricity and communication pipes and cables that has slowed down construction works.
    Read More
  • Egypt’s road programme is now restarting
    February 20, 2014
    Egypt is developing its road network – local reporting and images by Egypt correspondent Mohammed Elsayed Tantawy. Egypt is now gearing up its road construction activity, with a view to reducing congestion and improving traffic flow. The country’s main highway connecting capital Cairo with the port city of Alexandria has already seen a major widening programme, but other important routes are also now being upgraded and improved. The road development programme started in earnest some years ago but was delaye
    Read More

Highlighted Content