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Bechtel Signs Contract For Croatian Motorway

  • 03 April 1998
  • Press Release

Bechtel Signs Contract For Croatian Motorway

The initial phase of the four-lane motorway will run northwest from Zagreb to the Slovenian border, and then south from Zagreb through Sisak to the Croatian border with Bosnia.

The $600 million, fixed-price contract is one of the largest ever awarded by the government of Croatia. The project is being financed through a mixture of export credits, including $200 million from the United States Export--Import Bank--the first such credits extended by the U.S. to Croatia--and commercial loans guaranteed by the Croatian government.
"The governments of Croatia and the United States deserve great credit for their determination to move this project forward," said Charles Redman, the Bechtel senior vice president who participated in the signing ceremony. "We're proud to be part of a collaborative effort that will create a strategic economic asset for the people of Croatia and the entire region."

Bechtel will build the motorway in concert with Enka, a leading Turkish construction company and a frequent partner of U.S.-based Bechtel. Construction will begin this summer under an aggressive four-and-a-half-year plan that maximizes the use of Croatian workers and local resources. The project is being designed by the Civil Engineering Institute of Croatia, which is acting as the government's engineer for the job.

"This is a critical infrastructure project for the entire region, and represents a major milestone for western investment," said Zedenka Gast, Bechtel's regional consultant.

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Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.  

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