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Chinese firm secures new contracts in Bosnia, Serb entity borrowing €500m

· Source: Hina· Author: Hari Alfeo

ZAGREB, 30 Dec (Hina) - China Overseas Engineering Group (COVEC) has signed new road construction contracts in Bosnia and Herzegovina worth over €500 million, to be financed through credit arrangements with Chinese banks, under which the authorities of the Serb entity of Republika Srpska will assume the debt.

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