Foreign tourist arrivals to Bosnia's Federation down 0.9% y/y in Jan
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Bosnia's Federation annual inflation slows down to 0.7% in Jan
Croatia's industrial PPI down 1.4% y/y in Jan
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Oct 31, 2022 11:16 EEST
October 31 (SeeNews) - Bosnian state-owned road company Autoceste FBiH said it has opened for traffic the 6.9-kilometre Tarcin-Ivan motorway section of Corridor Vc, an investment worth about 150 million euro ($148.8 million).
The motorway section comprises a 4.9-kilometre section from Tarcin to the entrance of the Ivan tunnel and the 2-kilometre tunnel itself, Autoceste FBiH said in a statement on Friday.
The construction of the road was worth 80.36 million euro, whereas building the tunnel cost 69.56 million euro.
The whole project was financed with a 50 million euro loan from the European Investment Bank, a 50 million euro loan from the European Bank for Reconstruction and Development, as well as two grants from the EU worth 23.26 million euro combined. Bosnia has provided some 9.1 million euro for the project, Autoceste FBiH said.
The road section was built by a consortium of local Euro-Asfalt and North Macedonia-based construction company Granit, while the tunnel was built by Euro-Asfalt alone.
Including the Tarcin-Ivan section, Bosnia has built over 120 kilometres of Corridor Vc.
Corridor Vc is a pan-European transport project and the section in Bosnia and Herzegovina, which is 325 kilometres long, will cross the country from north to south, connecting the Adriatic port of Ploce in Croatia with the Hungarian capital Budapest.
($ = 1.0078 euro)
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