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ZAGREB, Feb 13 (Hina) - Croatian Reconstruction and Development
Minister Jure Radic Friday announced the arrival of
representatives of the U.S. Bechtel construction corporation.
They will agree with Croatian experts on details of a contract on
the building of the first section of the Zagreb-Bihac-Dubrovnik
motorway.
"If we adjust prices, the building of the first section could begin
in April or May", Radic told reporters in Zagreb.
The first section would run from Croatia's border with Slovenia, in
the north-west, to Zagreb. The total length of the motorway section
from the Croatian-Slovene to the Croatian-Bosnian border is 120
kilometres, and its value is estimated at US$600 million.
In the meantime, the precise route of the motorway through Bosnia-
Herzegovina to the Bosnian-Croatian border in the south has yet to
be determined, the minister said.
The building of the motorway to the southern Croatian port of
Dubrovnik, via BH, does not exclude the building of a motorway which
would connect northern and southern Croatia across Croatian
territory, Radic continued.
This project is being worked on, and an international soliciting
for tenders for building this section of the motorway is nearing
end, Radic added.
Bechtel was included in the project because of the highest quality
influx of capital and U.S. economy, the minister said, pointing out
the U.S. corporation could ensure favourable loans.
The U.S. export credit in the project is evaluated at US$250
million, Radic pointed out.
According to the contract, half the whole activity would be carried
out by Croatian companies.
(hina) ha jn
131715 MET feb 98
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