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: Highway Banja Luka-Prijedor to be finished soon?
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 > Highway Banja Luka-Prijedor to be finished soon?
BUSINESS

Highway Banja Luka-Prijedor to be finished soon?

Published: January 11, 2017
Share
SHARE

Euroasfalt Working on Highway in Slovenia sa-c.netAs announced by the Ministry of Transport of the RS, the construction of the highway Banja Luka-Prijedor-Novi Grad will start next year. However, it is said that there is not enough money for the construction.

With Chinese investors, who ordered a feasibility study of cost-effectiveness, the RS government largely negotiates. It is expected from the Chinese that will help in obtaining loans for the previously mentioned construction. Around 728 and 938 million Euros will be needed for the construction of the entire highway, depending on which of the three possible options is chosen.

“The project and negotiations have already started. There is a Chinese company in Shandong which is interested in the principle of public-private partnerships to that part of the highway,” said Nedjo Trninić, Minister of Transport of the RS.

There are three options. The first option includes highway of a length of about 78 kilometers, which will pass through the Ramici, Prijakovci, Potkozarje and Omarska. In the second case, the highway would be shorter for about four kilometers, with a similar route. The third and the most expensive option provides for 83 kilometers of highway. Still, there is no agreement on any of the previously mentioned propositions and the final one will be made after the official agreement with Chinese.

“In parallel, we are negotiating a commercial contract for the railways, and the concession contract for the highways. I hope that we will subsequently have more concrete proposals and will get the final approval from the Government,” said Dusan Topic, Director of the RS Highways.

The new meeting with the Chinese is planned for the end of January. If given the green light, the next stage of negotiations will be the one with local banks in China. While the constructor is not optimistic and does not believe that the construction could start in the next two years, the government says that there will be concrete offers very soon.

(Source: akta.ba)

Have you applied for SPARKreators League?
Cvijanovic and Novalic on the Implementation of the Reform Agenda
Despite better Yields, uncertain Earnings from Corn in BiH
Fashion House Versace presented a new Collection next to FC Sarajevo Coat of Arms
BiH should receive Fourteen Million BAM from the Sale of Former Embassies in New York and Bern
TAGGED:#chinese#highway#loan#money#new#RS#soonChina
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 An evening flight to Istanbul cancelled
Next Article Deputy Minister of Defense faces dismissal?
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

Plane carrying Ratko Mladic’s Body lands in Belgrade
September 3, 2026
POSKOK files an Indictment against Federal Minister Vojin Mijatovic
September 3, 2026
Distinguished Visitors Day Marks the Culmination of Exercise Quick Response 2026
September 3, 2026
International Residual Mechanism for Criminal Tribunals hands over Remains of Ratko Mladic to next of Kin
September 3, 2026
From Glorification to Profit: The Image of Ratko Mladic Was Used for Paid Ads
September 3, 2026
The First BiH Drones attracted the most Attention at the Defense Industry Fair
September 3, 2026
Vucic: Ratko Mladic’s Body Recovered, Expected to Arrive in Serbia This Afternoon
September 3, 2026
“Quick Response 2026”: Preservation of Peace and Security is a common Interest of all of us
September 3, 2026
Technology for Trust: Democracy starts at the Ballot Box, protecting every Vote is protecting Democracy
September 3, 2026
BiH Border Police prevent 96 People from illegally crossing the Border
September 3, 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?