September 27 (SeeNews) - Autoceste FBiH, the state-owned motorway operator of Bosnia's Federation, said it has signed a 7.2 million euro ($6.9 million) deal with a consortium led by Turkey's engineering consultant Yuksel Proje for the preliminary and main design of the Mostar North-Mostar South section of pan-European Corridor Vc.
The consortium also includes local engineering consultants PPG, Design QC, Integra and Trasa, Autoceste FBiH said in a press release on Monday.
Under the contract, the assignment has to be completed within nine months. Autoceste FBiH will finance the project through a loan from the European Bank for Reconstruction and Development.
The project valued at 350 million euro envisages the construction of a 14.2 km road section which includes an interchange, five tunnels and ten viaducts.
Construction works are expected to begin in the first half of 2023 and wrap up in three years.
European transport Corridor Vc has a total length of 700 km and connects the Adriatic port of Ploce in Croatia with Budapest in Hungary via Bosnia. Its length in Bosnia is some 340 km.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other is the Serb Republic.
($ = 1.03634 euro)