Autoceste FBiH to participate in financing the Hranjen tunnel

SARAJEVO, (Patria) - The Management of JP Autoceste FBiH, at today's session in Mostar, supplemented the Business Plan of JP Autoceste FBiH for 2023, which provides for the securing of additional funds in the amount of 30 million KM for the construction of the Hranjen tunnel, as well as 10 million KM for the construction of the Mostar - Široki Brijeg expressway, approximately 10 kilometers long, from its own funds.

Also, the Three-Year Business Plan envisages a total amount of 130 million KM for the Hranjen tunnel and 100 million KM for the Mostar - Široki Brijeg expressway.

The Business Plan of JP Autoceste FBiH will be sent to the Supervisory Board and the Government of the Federation of BiH for approval.

The funds will be secured partly from the regular revenues of JP Autoceste FBiH, and partly from regular transfers from the Budget of the Federation of BiH for the period of the next three years, which will be defined between the Government of the Federation of BiH and JP Autoceste FBiH.

For the next two years, financing relations between JP Autoceste FBiH and the Government of the Federation of BiH will need to be harmonized.

This approach will shorten the construction time to a period of three years, as estimated by the expert team of JP Autoceste FBiH, and financing will be easier considering the co-financing by JP Autoceste FBiH and transfers from the Government of the Federation of BiH.