POST Online Media Lite Edition


Five companies, JVs, consortia bid to build Bosnia highway section

Staff Writer |
Five companies, joint ventures and consortia from China, Turkey, Austria and Azerbaijan have submitted bids for the construction of a 100 million euros ($114.66 million) section of a north-to-south highway in Bosnia, a motorways company said.

Article continues below

China Gezhouba Group <600068.SS> and the consortium of Power Construction Corporation of China and Azerbaijani Azvirt Limited Liability Comp. have bid to build the 11.75 km-long (7.3-mile) stretch of the pan-European Corridor VC, which runs through Bosnia from Budapest to the Croatian port of Ploce.

Turkish companies Cengiz Insaat Sanayi Ve Ticaret AS and a joint venture of Fernas and Ozgun Insaat have also submitted bids for the Pocitelj-Zvirovici sub-section in southern Bosnia, as has a joint venture of Austria'sStrabag and Bosnia's Euro-Asfalt, the Bosniak-Croat Federation's Autoceste Federacije BiH said in a statement.

The construction of the section, which will entail a 945-metre bridge, three viaducts and a tunnel, will be financed from a loan agreed with the European Investment Bank (EIB).

What to read next

Laos link finds Indian investment
HS2 reveals winners of rail building contracts
Road, bridge and tunnel projects planned in Russia