You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Bosnia's Serb Republic in 332 mln euro deal with China State Construction Engineering

Bosnia's Serb Republic in 332 mln euro deal with China State Construction Engineering Photo: Road Infrastructure Agency / All rights reserved.

SARAJEVO (Bosnia and Herzegovina), August 24 (SeeNews) - The government of Bosnia's Serb Republic said on Wednesday it has signed a contract worth 650 million marka ($330.1 million/332.3 million euro) with China State Construction Engineering Corporation Limited for the construction of the Vukosavlje-Brcko motorway section.

Works on the 33-kilometre motorway section will start on August 31, the Serb Republic's government said in a press release.

State-owned Autoputevi RS, the motorway operator of the Serb Republic, said in July it selected China State Construction Engineering Corporation Limited to build the section. The selected bidder offered the lowest price in the tender which attracted eight offers.

The section is part of a planned 70-kilometre motorway from Vukosavlje to the border with Serbia that will ultimately connect the Serb Republic's main city of Banja Luka to the Serbian capital Belgrade. The motorway section from Brcko to the Serbian border is 37 kilometres in length. The two sections should be completed by 2030.

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.

(1 euro = 1.95583 marka)

 
Compare