Skip to main content

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.

For more information on companies in this article

Related Content

  • Boom in Asian infrastructure investment
    April 5, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Property issues holding back start of work on Gordie Howe Bridge
    July 19, 2016
    Delays in buying properties in Detroit, Michigan, could hold up construction of the proposed 3.2km Gordie Howe International Bridge that will link the US city to Windsor in Canada. A report by the Detroit Free press said that around 30 of the estimated 900 parcels of land in the city’s Delray district could pose potential problems if owners resist selling the sites to the bridge’s developers. The newspaper noted that Dwight Duncan, interim chair of the Windsor-Detroit Bridge Authority - the Canadian e
  • Europe closes in on the crossings
    September 27, 2017
    The Mersey Gateway bridge project off England’s west coast passed a milestone recently with the first joining of two of the deck sections. The key segments, as the sections are called, link the north approach viaduct to the north pylon deck span and are the first of four deck-joins scheduled for this summer. In total, there are five sections of bridge deck and approach roads that need to be joined.
  • Bosnia tunnel tender opening for bidding
    July 18, 2019
    The tender process is opening in Bosnia for a key tunnel project. The new Racin to Ivan Tunnel section will form part of the important Corridor 5C route. Financing for the project is being provided by the European Investment Bank (EIB). The work is expected to cost €50 million and the project will be managed by Bosnia’s state-owned road business, Autoceste FbiH.