Greek Terna to build tunnels on Corridor X

Published on 14. September 2011., Uncategorized

 

 

The company Koridori Srbije signed an agreement with the Greek company Terna S.A. on the construction of two tunnels near Dimitrovgrad, of which total length is 1.7 km.

– Terna S.A. submitted the most favorable bid on an international tender, which was conducted by the procedures prescribed by the World Bank – said Director of Koridori Srbije Mihajlo Misic.

– All bidders had to meet technical criteria and procedures, pass the financial check, and prove they are capable of building these tunnels – Misic explained.

He said that tunnels Przojno Padina and Progon were part of the bypass around Dimitrovgrad, which was being built by Austria’s Alpine.

Greece’s Terna S.A. offered the lowest price of all 12 bidders on the tender, amounting to RSD 3.83 billion.

The contractor will be given two years to complete these two tunnels on the bypass around Dimitrovgrad, and the works will be financed by the World Bank.