October 28 (SeeNews) - Bosnia's municipality of Zepce has signed contracts worth around 2.3 million marka ($1.3 million/1.2 million euro) with two local consortia for the construction of an irrigation system, it said.
The government of Bosnia's Federation entity will finance the project from the proceeds of a World Bank loan, Zepce's municipal government said in a press release on Friday.
The project's first phase, worth an estimated 1.4 million marka, will be carried out by a consortium comprising civil engineering companies Porobic and Rial Sped, while the second phase, worth 974,742 marka, will be executed by engineering companies TING and Adzic-asfalt.
The assignment envisages the construction of pools and irrigation networks spreading on 312.4 hectares, as well as 66 irrigation connections in the municipality situated some 100 kilometres north of Sarajevo.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 195583 marka)