Minister of Transport and Communications Nedeljko Cubrilovic and director of the Chinese company for Serbia “China Road and Bridge Corporation” Zhang Xiaoyuan signed yesterday in Banja Luka a Memorandum of Understanding on the implementation of the project highway Brcko – Bijeljina.
The section of the highway from Vukosavlje, Modrica to the border of Brcko District is about 30 kilometers long, the section through the area of Brcko District about 35 kilometers and the section from the border of Brcko District, next to Bijeljina, to the border with Serbia, about 30 kilometers.
Minister Nedeljko Cubrilovic said that the time was right to seize the assets of the Government of China, which are focused on this area.
He said that the Chinese construction operations, which worked on projects in the region, was very professional, they are precise and respect all deadlines.
Minister Nedeljko Cubrilovic expects that the conditions for the construction of this highway are favorable for the Republic of Srpska and that the negotiations will be finalized until the end of autumn.
“An integral part of this Memorandum is the date by which it is valid, and that is 31 December 2014. If there is no agreement by then, it no longer has its value. Likewise, if the company does not provide financial support for this project upon signing the agreement by that date, it also has no value. The Memorandum specifies a lot,” said minister Cubrilovic.