Chinese Companies to build 100 Million Euros-worth Section in BiH

June 8, 2019 1:00 PM

The administration of the Federation BiH Motorways has decided that two Chinese companies will build the most costly motorway section on the Corridor 5-C, Počitelj – Zvirovići, whose total value is 200 million KM (100 million euros), daily newspaper ‘Dnevni Avaz’ learns today.

It is an 11 kilometers-long motorway section, which includes the construction of the Počitelj bridge, the total length of 945 meters and a maximum height of 100 meters.

The China State Construction Engineering Company and ‘Synohydro Power China’ submitted the most favorable bids for the construction of this section, which was accepted by the FBiH Motorways after the evaluation procedure.

This section of the motorway is financed through the loan agreement with the European Investment Bank (EIB), which, according to “Dnevni Avaz”, has finally given green light for awarding of the contract and the start of construction.

The China State Construction Engineering Company has pledged to complete the road section on both sides of the bridge and the Počitelj loop, for 66.2 million euros, while the bridge itself will be built by ‘Synohydro Power China’ for the amount of 32.8 million euros, Federal News Agency reports.

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