Contract for the Construction of Tunnel Žaba

Under the Project of Construction of the Main Road Neum – Stolac, Contract for the Construction of Tunnel Žaba (Hutovo), L= 975m and Roads P 142 – P 164, L=525 m and P 204 – P 250 L=1.125 m was signed today in the premises of the PC Roads of the Federation of BH.

Contract for the Construction of Tunnel Žaba thumb thumb

Contract was signed by Ljubo Pravdić, director of the PC Roads of the FBH and Hamed Ramić and Dženan Pekušić, representatives of the JV Euro-Asfalt d.o.o. Sarajevo and HP Investing d.o.o. Mostar.

Contract value is BAM 23.057.197,66 with VAT included. Commencement Date is September 3, 2018 while the Contract Period is 24 months.

This Contract which will be jointly funded by the World Bank (IBRD) and the European Investment Bank (EIB) is the third contract for this section under the Federation Roads Modernization Program and another step towards the realization of an oldstanding project and the connecting of Neum and Stolac.