Five Bidders Interested in Building a Highway Section

Five companies, joint ventures and consortia from Austria, Azerbaijan, China and Turkey have submitted bids for the construction of a 100 million euro part of the Vc corridor, the north-to-south highway in Bosnia, a motorways company said, reports Reuters. China Gezhouba Group and the consortium of Power Construction Corporation of China and Azerbaijani Azvirt Limited Liability Comp. have bid to build the 11.75 km stretch of the pan-European Vc corridor, which runs through Bosnia from Budapest, Hungary to the Croatian port of Ploce.

Turkish companies Cengiz Insaat Sanayi Ve Ticaret AS and a joint venture of Fernas and Ozgun Insaat have also submitted bids for the Pocitelj-Zvirovici sub-section in southern Bosnia, as has a joint venture of Austria’s Strabag AG and Bosnia’s Euro-Asfalt, the Federation entity’s motorways company, Autoceste Federacije BiH, said in a statement.

The construction of the section, which will include a 945-meter bridge, three viaducts and a tunnel, will be financed from a loan agreed with the European Investment Bank.

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