Cooperation of FIPA and Autoceste FBiH in the realization of the Corridor Vc and expressways construction projects

The Director of the Foreign Investment Promotion Agency of BiH (FIPA) Gordan Milinić visited the public company Autoceste of FBiH and talked with the Director of that company Adnan Terzić on the implementation of the Corridor Vc and expressways construction projects in FBiH. 

Planned investments in the construction of highways and expressways in a total length of 800 km are estimated at 7 billion EUR. Only 100 km of the planned road infrastructure is currently realized, which provides an opportunity for foreign investors to participate in the implementation of the planned projects.

Among the priorities in the construction of Corridor Vc are sections of the Tunnel Prenj, Prenj-Mostar North, and Mostar North- Mostar South, worth about 500 million EUR, for which the tenders are expected in early 2017. In addition, foreign investors have opportunity to participate in the already prepared project of building the high-speed road Lašva – Nević Field Travnik in the amount of 218 million EUR, which will be implemented through a concession model.

The Director Milinić stressed the importance of cooperation between FIPA and Autoceste of FBiH in providing adequate information to foreign investors who have already expressed serious interest in investing in the projects of construction of motorways and express roads in BiH.