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: Karic: Realistically Corridor 5C should be constructed by 2022
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 > OUR FINDINGS > OTHER NEWS > Karic: Realistically Corridor 5C should be constructed by 2022
OTHER NEWS

Karic: Realistically Corridor 5C should be constructed by 2022

Published: October 20, 2015
Share
SHARE

karicManagement of PE Highways FB&H led by Ensad Karic held a presentation of the 4-year work where they analyzed the projects on the construction of the highway 5C.

From PE Highways FB&H emphasized their satisfaction with the performed work on the construction of the Corridor 5C. 10 projects were realized and 102 kilometers of highway were opened for traffic. A total of 5,000 domestic employees and more than 90 local companies were engaged in the construction, and almost 35 % of Corridor 5C has been completed by now.

“Total profit of the PE Highways FB&H for the past 4 years amounts to 303 million BAM, and total investment amounted to 1.25 billion BAM,” said Ensad Karic.

Solution of the problem of tunnel Vijenac or tunnels 1. Mart were emphasized as special challenge during the construction of highway. After the bankruptcy of the company Primorje, local companies successfully completed this part of the project. Moreover, PE Highways FB&H collected penalties in the amount of 22 million BAM from the Slovenian companies.

The thing that is important and what PE Highways FB&H particularly noted is preparing a new investment cycle.

“We have ensured additional 600 million BAM for the continuation of construction of the highway, mostly from international financial institutions. For the section Pocitelj – Medjugorje we ensured 200 million BAM, for the section Zenica South – Zenica North 220 million BAM, then the section Drivusa – Klopce 60 million Bam and finally the section Pocitelj – Buna together with LOT 3 Zenica South – Zenica North, we ensured 120 million BAM,” said Karic.

However, the most important activity of this company is the optimization of the route Konjic – Mostar. With the new route, which should pass through the mountain Prenj and which would shorten the section for 14 kilometers, savings of around 300 million BAM would be achieved.

It should be also emphasized that the PE Highways FB&H provided scholarships for the most successful students, and besides the activities on the highway, this company was involved in the construction of 80 kilometers of local and regional roads and about 20 kilometers of the water supply networks.

Income from road tolls for this year amounts to almost 30 million BAM.

“If the excise duties on fuel would be increased, PE Highways FB&H will be able to invest an additional 500 million BAM”, says Karic, who is optimistic regarding the completion of the entire Corridor 5C, and according to him, the highway should be completed by 2022.

(Source: klix.ba/ photo radiosarajevo)

Long-term Forecast: When is the Snow coming BiH?
BiH Humanitarian Organisation to distribute 500 Tons of Food throughout BiH
Tajić: We want to further secure Pionirska dolina
Number of registered Vehicles in BiH in 2018 records an Increase of 4.21 pct year-on-year
What is the Number of BiH Citizens returning to BiH under the Readmission Agreement?
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 Pomozi.ba helped Refugees at six border Crossings
Next Article Key Points of the Coalition Agreement between SDA and SBB B&H
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

Continuous Training: Police Officers of the BP BiH successfully completed a Series of Specialist Trainings
July 20, 2026
Cvijanovic claims that the Constitutional Court of BiH does not have Jurisdiction over Becirovic’s Appeal
July 20, 2026
Airports in Bosnia and Herzegovina recorded almost 326,000 Passengers in June
July 20, 2026
New Dispute over the Highway: Dodik reopens the Brcko Issue
July 20, 2026
Feast of Saint Hedwig Celebrated in Trappists: A Polish Queen of Bosnian Roots
July 20, 2026
Beganovic shines on legendary Track: “It feels good”
July 20, 2026
During the Re-Exhumation Process, 1,220 Graves Were Opened in Srebrenica, Some More Than Once
July 20, 2026
Unknown Treasures from the Archive Shelves: BiH preserves priceless Cultural Heritage
July 20, 2026
Zejna Mehic from Vlasic celebrated her 100th Birthday
July 20, 2026
Craft Occupations are increasingly in Demand in BiH
July 20, 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?