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: PM Novalic: We are planning to invest 300 million BAM in Road Construction in 2018
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 > PM Novalic: We are planning to invest 300 million BAM in Road Construction in 2018
BUSINESS

PM Novalic: We are planning to invest 300 million BAM in Road Construction in 2018

Published: December 13, 2017
Share
SHARE

The Parliament of the FBiH adopted the Rebalance of the Budget for 2017 and the Draft Budget for 2018, and according to Prime Minister Fadil Novalic, that is a very good sign as well as an indicator that some of the capital infrastructure projects will be implemented in the FBiH in the year of 2018.

The Rebalance for 2017 includes a capital transfer of PE Highways of the FBiH in the amount of 107 million BAM, which will be directed at the construction of the fast road Lasva – Nevic Polje and the section of the highway of Mostar bypass North and South. The budget for 2018 foresees directing of 183 million BAM at the construction of highways and fast roads. These are the directions Sarajevo-Gorazde, Tuzla-Zepce, Sarajevo Transversal and Mostar Bypass.

The Government of the FBiH believes that the improvement of the infrastructure is of key importance for the development of our economy and the opening of new workplaces, so we decided to invest money from the clearing debt and the accumulated profits of public companies, and I am glad that our opinion received the support of the Parliament of FBiH last week,” said Prime Minister Fadil Novalic.

Therefore, the construction of the section of the fast-road Lasva-Nevic Polje should be financed from the collected clearing debt in the amount of 100 million BAM. Then, the project of road construction to Gorazde, where is planned the construction of the tunnel in the length of 5.5 kilometers, will be financed from the accumulated profit of BH Telecom in the amount of 70 million BAM. Expropriation will not be needed for this project and works will be started immediately.

Around 20 million BAM is needed for Mostar bypass, and the Government of FBiH is planning to secure money from three sources, i.e. 10 million BAM from BH Telecom, 7 million BAM from clearing debt and 3 million BAM from the accumulated profit of Elektroprivreda HZHB.

When it comes to the First transversal, a total of 35 million BAM is required for its construction, and 10 million BAM will be secured from BH Telecom and 25 from the accumulated profit of the International Airport Sarajevo.

(Source: S. H./Klix.ba)

 

 

 

 

 

Member of BiH Presidency Milorad Dodik met with Ambassador of Italy to BiH Nicola Minasi
Acimovic: The EU is not unfair towards BiH, Ukraine adopts Laws even during the War
Border Police of Bosnia and Herzegovina to employ Three Hundred New Police Officers
BiH Presidncy Member met with the Ambassador of Saudi Arabia
Number of migrants entering BiH has drastically decreased: minister
TAGGED:#BiH#budget#infrastructure#rebalance#roadsthe Government of 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 Help for the Reconstruction of the Mosque in Tesanj is coming from all over BiH and abroad
Next Article Positive Story: BiH from the American Perspective
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

BiH and Croatia Today in Geneva over Trgovska Gora Dispute
May 14, 2026
Izetbegovic confirms that He will be a Candidate for the BiH Presidency
May 14, 2026
New high-security Detention Complex opens in Igman
May 14, 2026
Remains of Eight Genocide Victims in Srebrenica Ready for Burial on July 11 in Potocari
May 14, 2026
The International Economic Fair “Banja Luka Expo 2026” opens
May 13, 2026
Branko Blanusa is SDS Candidate for President of RS
May 13, 2026
BiH loses Hundreds of Millions BAM annually over Blockade of the Electricity Law
May 13, 2026
Coordinated for Stability: EUFOR and NATO Co-Host Ambassador’s Roundtable
May 13, 2026
Christian Schmidt and the War Against Bosnia’s Permanent Political Class
May 13, 2026
Croat National Assembly Supports Vinko Puljic: “He Faces Inappropriate Attacks”
May 13, 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?