Bosnian firms file lowest bid to build 4.65-km section of pan-European corridor.

By bne IntelliNews January 12, 2012
A Bosnian consortium has filed the lowest bid of EUR 113mn for the construction of a 4.65-km motorway section that lies on the Bosnian part of pan-European corridor Vc, daily Dnevni Avaz reported, quoting anonymous sources. Four other big European players participated in the Bosnian tender, the daily said. The local consortium comprises construction firms ZGP, Hidrogradnja, Hering, GP Put and Euroasfalt, as well as Croatia's Vijadukt. The other bidders include Turkey's Cengiz Insaat with EUR 115mn, Austria's Strabag with EUR 130mn, Italy's Muratori & Clementist with EUR 147mn and Austria's Porr with EUR 155mn, the report said. The bids were opened earlier this week and after their examination a tender winner will be announced. The 4.65-km Suhodol-Tarcin section is located south of the capital Sarajevo. It includes the construction of a 3-km long Suhodol tunnel. The section should be build within three years and its construction is financed by an EBRD credit. Corridor Vc is one of the three major pan-European corridors within the region. It runs from the Hungarian capital Budapest through Croatia, Bosnia and ends again in Croatia, at its Adriatic town and major seaport of Ploce. The corridor is planned to stretch over 330 kilometres in Bosnia.
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