Bosnia-Serbia highway financing discussions

Discussions between Serbia and Bosnia regarding the planned highway linking the two countries have yet to be carried out. The highway will join the two capitals, Belgrade and Sarajevo. However Turkey has said it will not enter discussions regarding its providing financing for the project until Bosnia and Serbia have determined the route the new highway will take. Turkey says that it recognises the economic importance of this highway for the region as a whole, which is why it is willing to discuss financing.
October 13, 2017 Read time: 1 min

Discussions between Serbia and Bosnia regarding the planned highway linking the two countries have yet to be carried out. The highway will join the two capitals, Belgrade and Sarajevo. However Turkey has said it will not enter discussions regarding its providing financing for the project until Bosnia and Serbia have determined the route the new highway will take. Turkey says that it recognises the economic importance of this highway for the region as a whole, which is why it is willing to discuss financing. The route will be determined as part of the feasibility study although the estimated cost of the project has yet to be released.

Finance & Funding Road Structures

Related Content

  • New Zimbabwe highway upgrade being planned
    August 24, 2016
    Plans are in hand for road widening work and surfacing upgrades for a key route crossing Zimbabwe. The highway upgrade is being carried out by a joint venture partnership between Chinese firm China Harbour Engineering Company (CHEC) and Austrian Company Geiger International. This follows agreements being reached between the joint venture partners and the Zimbabwe Government. The work is needed as the existing road links along the route are unable to cope with that current traffic volumes that include a high
    Read More
  • Serbia highway deals being planned
    February 8, 2017
    Plans are in hand in Serbia to build new highway links, including routes joining with neighbouring Montenegro. One of the key projects in focus in Serbia itself is the route joining Novi Sad with Zrenjanin, while another is for the route between Zrenjanin and Borca. Road maintenance works are also being planned. Meanwhile discussions have been held between Serbia and Montenegro over new highway connections to link the two countries. The aim is to build a new highway that will run from Belgrade, through Podg
    Read More
  • Serbia highway deal awarded
    January 2, 2019
    A new highway connection between Serbia and Bosnia has been awarded to a Turkish contractor. The €250 million project will be carried out by the Turkish firm, Tasyapi. The project will see a new highway connecting Belgrade with Sarajevo in Bosnia. Building the new highway will improve transport connections between the two cities, reducing journey time and boosting both capacity and safety.
    Read More
  • New East African highway will boost trade and transport
    July 8, 2014
    Plans are in hand in East Africa for a new 1,600km highway that will boost trade and transport in the region. The new road will run from the Kenyan port of Mombasa to Kigali, the capital of Rwanda. The highway will be of particular importance to landlocked Rwanda as it will provide an important new route for trade and transport. The Transport ministries of Kenya and Rwanda will work together on the project, which will also involve the transport ministry in Uganda. The six lane highway will feature sophistic
    Read More

Highlighted Content