bechtel

Morava Corridor Pricing Controversy Raises Questions Over Serbia’s Highway Project

The Morava Corridor motorway project in Serbia, developed by the American engineering firm Bechtel in partnership with Enka İnşaat, is facing scrutiny over its escalating costs. The estimated total cost of the project has surged to approximately €2.15 billion, significantly higher than the initial figures discussed at the project's inception. Initially, the construction works were valued at around €745 million, with additional services and indirect costs bringing the total to about €943 million. This widening gap between the original contract…