Croatia, BiH sign contract for Sava river bridge construction.

By bne IntelliNews December 2, 2010
Croatia and Bosnia and Herzegovina signed an agreement for the construction of a bridge over the Sava river near Svilaj, estimated at EUR 25-30mn, news agency HINA informed. The bridge will be part of transport Corridor Vc. The investment costs will be shared by the two countries. Croatia had already ensured the financing with the support of the EBRD. The Croatian portion of the project will be implemented by state-owned roads operator Hrvatske Autoceste (HAC). The parties also agreed on the upgrade of the river navigation route from Racinovci to Sisak. We note that in November HAC and the EBRD signed a EUR 60.6mn loan agreement for financing of the construction of the motorway sections of the Corridor Vc. The company will use the financial resources to complete the part of the motorway in Croatia, by building about 13km of sections, connecting the northern and the southern ends of the Bosnia-Herzegovina part of the Corridor Vc at Croatia's border. The project will be co-financed by the European Investment Bank.

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