October 9 (SeeNews) - Turkish civil engineering company Tasyapi has officially started the construction of the first section of the motorway that will connect Serbia's capital Belgrade to Bosnia's Sarajevo, the Serbian government said.
The construction of the Sremska Raca-Kuzmin section of the motorway was inaugurated in the presence of presidentя Aleksandar Vucic of Serbia and Recep Tayyip Erdogan of Turkey, as well as the members of Bosnia's tripartite collective presidency, the Serbian government said in a statement on Tuesday.
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A total of 120 million euro ($132 million) will be invested in the construction of the Sremska Raca-Kuzmin section, 5 million euro was invested in the development of project documentation, while a new bridge over the Sava river will cost 100 million euro, Serbia's prime minister Ana Brnabic said in June.
In December, the government signed a 250 million euro contract with Tasyapi for the construction of the Sremska Raca-Kuzmin section and the preparation of the project documentation of the Pozega-Kotroman-Uzice section.
($ = 0.910334 euro)