At yesterday’s session in Mostar, the federal Government approved the indebtedness of FBiH on the basis of the contract on financing between the European Investment Bank and Bosnia and Herzegovina for the implementation of the Project Road Modernization in FBiH amounting to 50.000.000 EUR for the Public Enterprise Roads of FBiH Ltd. Sarajevo.
The loan was approved for the repayment period of 20 years, with a five-year long grace period.
The project consists of several smaller and medium large investment plans, including the construction of new sections of roads and lanes for slow vehicles, reconstruction of the asphalt layer, elimination of black points and repair of tunnels and bridges, with the aim of improving traffic security on 35 sections of main roads in the FBiH, in the total length of 290 kilometers.
(Source: klix.ba/photo: gradjevinarstvo.ba)
