By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: What is the Estimated Value of the Road Neum-Stolac?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > What is the Estimated Value of the Road Neum-Stolac?
BUSINESS

What is the Estimated Value of the Road Neum-Stolac?

Published: November 21, 2016
Share
SHARE

road-neum-stolacFor the construction of the road Neum-Stolac, which will be connecting the only BiH city on the sea with the interior of the country, a total of 10 bids have been received, as announced by the Public Enterprise (PE) Roads of the FBiH.

PE Roads of the FBiH on Monday organized a public opening of bids for the construction of the highway M -17.3 Neum- Stolac, sections LOT 1 and LOT 2.

Work on the section LOT 1 will include asphalting sections Old Neum-Babin Do in the length of 5.3 km, construction of the road Babin Do-Ostrovac of 1.7 km and construction of tunnel Ostrovac of 190 m, while the works on the section LOT 2 include the construction of the Ostrovac-Brocanac section in the length of 5 km.

Ten bidders gave their offers: Oberosler Cav. Pietro Ltd, Italy; Kolektor Koling d.o.o., Slovenia; Euro-Asfalt Ltd., BiH; Strabag AG, Austria; JV HP Investing Ltd. BiH, Putovi Grude Ltd. BiH, Gorenska Gradbena Druzba Ltd Slovenia; JV HP Investing Ltd. BiH, Putovi Grude Ltd BiH, JV Hering Ltd. BiH, Viadukt Ltd. Croatia; JV Hering Ltd .BiH, Viadukt Ltd. Croatia, KTM Brina Ltd. BiH; Todini Costruzioni Generali S.p.A, Italy; Integral Inzenjering Ltd. BiH.

Commission will review and evaluate all bids where the evaluation criteria will be the lowest price and the technical compatibility of the offer. The project will be financed by loans from the World Bank (WB) and the European Investment Bank (EIB).

Construction work on the main road M-17.3 Neum-Stolac, LOT 1 and LOT 2 sections represent the first in a series of projects for modernization of the road of FBiH in the future. Previously, it was announced that the roads of Neum to Stolac represents a road that means life for BiH city on the sea and that tourists usually go to Neum via Metkovic.

The value of the construction of this road is estimated at 87 million BAM. The road from Stolac to Neum is 5.1 km long, and the last great investment for this road with two tracks was in 1984 during the Olympic Games in Sarajevo, when one km was built from the direction of Neum and 15 km from Stolac.

Now you can get to Neum via Svitava which is a dangerous and uncertain terrain or by passing through Croatia, and many people believe that Neum, after Croatian accession to the EU, came to a certain stage of neglect.

(Source: A. B./Klix.ba)

 

New Factory to be opened in Doboj?
Hrvic: Is the Great and Powerful EU afraid of the Competition of small B&H?
British Adriatic Metals received Permission for Precious Metald Extraction in Vares
Law on the Control and Restricted Use of Tobacco will begin with Implementation on May 28th
What was the highest Monthly Salary in BiH?
TAGGED:#investment#neum#project#road#stolacconstruction worksPE Roads of the FBiH
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Have you seen the Beautiful City of Mostar in November (Gallery)
Next Article “Krug 99” called for the Formation of a Block for Unity and Strengthening of BiH
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Mayor of Sokolac Meets COM EUFOR at Camp Butmir
November 9, 2026
Acting High Representative Crishock at Kazani: “We owe them lasting remembrance”
November 9, 2026
Employers call for a Reduction in electricity Prices and other Business Pressures
November 9, 2026
33rd Anniversary of the destruction of the Old Bridge marked by a Jump without Applause
November 9, 2026
Minic assumed the Mandate of the President of the RS
November 9, 2026
Excellent Performance by a Bosnian Skater at International Competition in Zagreb
November 9, 2026
1.56 Million Tourists visited Bosnia and Herzegovina in Nine Months
November 9, 2026
Barbarez satisfied with players’ Form, aims for a win in Sweden
November 9, 2026
ITA seized Goods worth approximately 140,800 BAM in Operation “TEX”
November 9, 2026
Dubioza Kolektiv Announces a Large Concert in Sarajevo
November 9, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?