BOSNIA PICKS AN AZERI-BOSNIAN CONSORTIUM TO BUILD A HIGHWAY SECTION
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19.04.2019


Reuters (18 April 2019)

Bosnian regional motorways company Autoceste FBiH has chosen an Azeri-Bosnian consortium to build a section of a pan-European north-south highway, worth a total of 76 million euros ($85.45 million), a company official said on Thursday.

The consortium of Azerbaijani Azvirt Limited Liability Comp. and the Bosnian Hering company will build a 5.3 kilometre section including a tunnel from Vranduk to Ponirak in central Bosnia, the stretch of the Corridor VC highway which runs from Budapest to the Croatian port of Ploce.

49.6 million euros of the total funding has been provided by the OPEC Fund for International Development (OFID), the development finance institution of the member states of the Organization of the Petroleum Exporting Countries (OPEC), said an official who asked not to be named.

https://uk.reuters.com/article/bosnia-highway/bosnia-picks-an-azeri-bosnian-consortium-to-build-a-highway-section-idUKL5N2205DZ




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