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Large creditor interrupts further financing of infrastructure projects in BiH? – The shares of the shares were spaced – Zenica north

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Large creditor interrupts further financing of infrastructure projects in BiH? – The shares of the shares were spaced – Zenica north

One of the larger infrastructure projects in Bosnia and Herzegovina, the OPEC International Development Fund (Office) of BiH’s Council of Ministers of the FBiH Highway Project, including the continuation of the existing subdivision – Zenica north), finds out the focus.ba.

This information for the portal was confirmed by several sources from several institutions. The first people of the Council of Ministers and the Ministry of Finance of BiH, Borjan Krišto and Srdjan Amidžić were informed about everything. Until this torque, this decision has not yet been officially disclosed.

As it was said, the decision was made due to the dissatisfaction of the current practices of the artificial increase in costs and non-transparent management funds by investors. Unofficially, the Office no longer wants to participate in co-financing increased costs that the FBiH highway continuously impose.

It is precisely the stated shares of Vranduk-Znirak, whose construction implemented the FBiH motorways, the trigger for this IFID move. Namely, the portal of the focus.ba in the research text from 2022. He revealed a series of emergencies, ie the fact that this share was demonstrated by multiple inflation of costs, which was spent in February this year “Corridor” police.

A series of actors were arrested, including former Adnan Terzić directors and Elmedin Voloder, which meanwhile, followed freedom after prosecutorial and police processing.

The action was carried out in order to document the criminal offenses of corrupt nature, ie “a criminal offense,” the abuse of the Federation of BiH, is due to the Construction of the said subtitle of the POE FBiH motorway to date. 19.5 million euros.

When it comes to the specified subdivision, Vranduk-Zangor, where Azerbaijan Azvirt and Brokeri-Herring were engaged, at the request of the FBiH, the state of BiH, borrowed from the Office of the Office.

After the original 76.5m euros of the credit funds approved by the FBiH, in July 2021. submitted a request for an additional 25m euros, as the Office agreed to an additional loan under more favorable conditions.

Procedures in BiH flowed slowly, so the FBiH Ministry of Finance and the BiH Council of Ministers, the Draft Agreement with the Office of BiH arrived only 12. April 2023. When it is approved. The undertake of the loan itself was signed only 21. August 2024.

Attempted New Debt

There is a story with the Vranduk highway section – Zangor and the need for additional funding, however, does not end. According to information from the FBiH Motorway Plan for 2025. year, the Management Board of this public company has made a decision to initiate the requirements for the new credit indebtedness in the amount of EUR 65 million.

They point out that these funds needed to complete the works on the Vranduk-zanger section. This request sent the Office in May 2024. Years. The mentioned act states that the Office expect a draft contract. But the red light of the Office arrived instead.

This is not the first time that the Office stopped the financing of certain projects. On the page of this Fund, when it comes to BiH, in the past, the project of construction of Hrenovica – Goražde or tunnel was fed, which is certainly the case for ourselves to what the Prosecution of the Sarajevo Canton conducts the investigation, writes EKapija.

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