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SARAJEVO (Bosnia and Herzegovina), May 14 (SeeNews) – Bosnia's state-owned motorway company Autoceste FBiH said on Tuesday it will sign a 76.6 million euro ($86 million) motorway construction deal with a consortium comprising Azerbaijan's Azvirt and local company Hering on May 15.
Under the deal, the investors will build the Vranduk-Ponirak subsection of the Poprikuse-Zenica sjever (Donja Gracanica) section of European transport Corridor Vc, Autoceste FBiH said in a statement.
The project is financed by the OPEC Fund for International Development.
The Vranduk-Ponirak motorway section, 5.3 kilometres in length, includes two bridges, three viaducts and a tunnel. It should be built within 24 months.
European Corridor Vc connects the port of Ploce in Croatia with Hungarian capital Budapest via Bosnia.
($ = 0.890429 euro)