Chinese get concession for construction of Banjaluka-Prijedor highway

The Minister of Traffic and Communications of Republika Srpska, Nedjo Trninic, announced that the final agreement with a Chinese company from Shandong on the realization of the project of the construction of the Banjaluka-Prijedor highway, worth around EUR 297 million, should be signed in September.

The concession will be given for a period of 30 years, the funding should be provided by the Chinese company, and the project should be structured without B&H guarantees, Klix.ba reports.

As Tanjug reports, Trninic said that this B&H entity will oblige to carry out the expropriation of the land on the planned route, and there's also the possibility of having the highway, in the first, 42-km phase, continue towards Novi Grad/Bosanski Novi, and of having a high-speed route in the direction of Kozarska Dubica.

The director of Autoputevi RS, Dusan Topic, said at the press conference that this was the first concession agreement, as a new manner of funding the construction of highways in Republika Srpska, Klix.ba reported.

Trninic added that they had come to the 16+1 Sofia Summit at the invitation of the Chinese Embassy in B&H, in order to sign the agreements before the official start of the prime ministers' summit.

Ministarstvo saobraćaja i veza RS

JP Autoputevi RS Banja Luka

Minister of Traffic and Communications of Republika Srpska

Autoputevi RS

Dusan Topic

Nedjo Trninic

Banjaluka Prijedor highway

concession for Banjaluka Prijedor highway

construction of roads in Republika Srpska

concession agreement for the construction of highways in Republika Srpska

16 Plus Summit