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Bosnia to sign 76.6 mln euro road construction deal with Azvirt-Hering consortium

May 14, 2019, 2:20:58 PMArticle by Iskra Pavlova
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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.

Bosnia to sign 76.6 mln euro road construction deal with Azvirt-Hering consortium
Photo: All Rights Reserved

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)

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