June 30 (SeeNews) - Autoceste FBiH, the state-owned motorway operator of Bosnia's Federation, is inviting offers for a bank loan of 293.4 million marka ($156.7 million/150 million euro) with a term of 15 years.
The offers will be ranked according to price, Autoceste FBiH said in a tender call on Wednesday.
The deadline for submitting offers is August 12, 2022.
Autoceste FBiH will use the funds to co-finance the construction of a section of Corridor Vc between Mostar North and Mostar South interchanges, local news provider Ekapija reported.
European transport Corridor Vc has a total length of 700 km and connects the Adriatic port of Ploce in Croatia with Budapest in Hungary via Bosnia. Its length in Bosnia is some 340 km.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other is the Serb Republic.
(1 euro = 1.95583 marka)