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

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Slovak government stands firm over R2 Expressway, including Soroska Tunnel
    August 11, 2017
    Jan Durisin, head of Slovakia’s motorway operator NDS, has said that the R2 expressway, will go ahead despite watchdog fears of poor value for money. Completion of the R2, that includes the Soroska Tunnel, remains 2024, he told Slovakian news agencies. NDS, he said, will start looking for a contractor to start work in 2018 on a stretch of the expressway near the town of Roznava. R2 is a 360km route that will run from Kosice in the east across the country to Trenčín, near the Czech border in the west. It wil
    Read More
  • CSCEC wins Republic of Srpska motorway deal
    October 6, 2022
    CSCEC, the China State Construction Engineering Corporation, was selected by Autoputevi, the state-owned motorway operator.
    Read More
  • North Viaduct completed on UK’s Mersey Gateway bridge project
    April 19, 2017
    Concrete finishing work has started on the completed north approach viaduct of England’s new 2.13km Mersey Gateway project. Over the past three years, around 18,400m³of concrete was used to build the viaduct. When complete near the end of this year, around 60,000 vehicles are expected to use the toll bridge every day, or nearly 22 million vehicles annually.
    Read More

Highlighted Content