November 11 (SeeNews) - Bosnian state-owned road company Ceste FBiH said on Friday it signed a 5.5 million marka ($2.9 million/2.8 million euro) contract with Austrian company Strabag for road construction and reconstruction works on two roads in the country.
The assignment concerns the reconstruction of sections on the Olovo-Semizovac road and the construction of a slow lane on the Cevljanovci - Nisici road, Ceste FBiH said in a press release.
The works are expected to be completed by July 2023.
The project is financed through a loan from the International bank for Reconstruction and Development (IBRD).
(1 euro = 1.95583 marka)