June 10 (SeeNews) - Serbia's Aerodromi Srbije has selected Bosnia's civil engineering institute IG to prepare the documentation for the new airport which will be built in Trebinje with financial support from the Serbian government, the government of Bosnia's Serb Republic said on Thursday.
The value of the contract, which has a term of 180 days, is 68.08 million dinars ($703,000/578,000 euro), the government of Bosnia's Serb Republic said in a press release.
Trebinje is located in the Serb Republic - one of the two autonomous entities that make up Bosnia. The other is the Muslim-Croat Federation.
Chinese AVIC-Intl Airport Construction was the only other bidder in the tender launched by Aerodromi Srbije in April. It submitted an offer of 69.8 million dinars.
The construction of the airport in Trebinje is planned to start in 2022, Nedeljko Coric, minister of transport and communications of the Serb Republic, said earlier this year.
Aerodromi Srbije is a state-owned company in charge of the management, development and maintenance of all Serbian airports.
Last year, Serbia's President Aleksandar Vucic said the country is ready to invest a significant amount of money to build the complete infrastructure and to manage an airport near Trebinje. According to Serbian media reports, the airport may be operated under a concession for 30 or 35 years.
(1 euro = 117.583 dinars)