PE Highways of FBiH will sign the next two new construction contracts in August, as soon as they receive the approval of the European Investment Bank (EIB) for both lots, the section Pocitelj – Zvirovici.
The total length of the section is 11.07 kilometers and it is the longest bridge on Corridor 5C, the bridge Pocitelj in the length of 1 kilometer. The total estimated value of construction is 100 million EUR, and funds have been provided by the European Investment Bank (EIB).
They say that the construction of subsection Pocitelj – Zvirovici is necessary in order to reroute the traffic from the main road M-17 on the highway towards Bijaca, which would ensure full functionality of constructed subsection Bijaca – Zvirovici and increase its profitability.
PE Highways of FBiH have two active construction sites in the region of Zenica, sites Drivusa – Klopce and Klopce – Donja Gracanica.
On the section Tarcin – Konjic was completed a major project and the expropriation of land is taking place at the moment. The estimated value is around 450 million EUR without VAT and at the moment it is not a priority.
Section Nemila – Zenica North (exit from the tunnel Zenica) is divided into 3 lots and they started initiative for indebtedness at three different international financial institutions: EBRD in the amount of 80 million EUR, OFID – OPEC Fund for International Development in the amount of 49 million EUR and KFAED in the amount of 36 million EUR.
Works on the construction of the southern part of the Corridor 5C are expected to be completed 30 months after the date of signing the contract, while sections in the region of Zenica can be completed by the end of the summer of 2018.