Finance agreement signed to finance the construction of a twin-#tunnel on the Zenica North section of the Corridor Vc motorway.
The #EuropeanUnion gives 19 million euros to complement a 50 million euro loan from the European Investment Bank (an American lead organization).
https://www.sarajevotimes.com/bosnia-herzegovina-signed-agreements-worth-49-million-euro-with-eib/
#Euroasfalt
The agreement on the European Union grant of €19 million was signed to finance the construction of a twin-tunnel on the Zenica North section of the Corridor Vc motorway, between Bosnia and Herzegovina and the European Investment Bank. This marks...
Bosnia tunnel construction work is due to start on the 10km length Prenj Tunnel project. The road and tunnel project is expected to cost €820 million.
Construction work is due to start on the Prenj Tunnel project in Bosnia.
Bosnia Prenj tunnel project; work starting. Also agreed for the construction of the Ivan Tunnel.
Construction work is due to start on the Prenj Tunnel project in Bosnia.
cover tunnel photo by: Matt Brown from London, England / CC BY
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Mr. Kalenderovic hello. Thank you for the link. As far as I know, construction of Ivan Tunnel belongs to Euro Asfalt. Do you know who is going to construct Prenj Tunnel? Euro Asfalt again? Cengiz? Azvirt?
Hello Kayhan after 274 days. I am sorry I did not see your message.
In my opinion it is Euro Asfalt again. But Cengiz may make surprise. Cengiz bids very low prices in Balkans. Almost like "get the contract whatever it takes". Difficult to understand. It is not like a commercial company with profit/loss concern.
Tender is soon I think
https://jpautoceste.ba/wp-content/uploads/2020/02/GPN-Ovcari_Tunnel-Prenj_Mostar-North.pdf