Bosnia-Herzegovina motorway first

THE EBRD (European Bank for Reconstruction and Development) is increasing its support for the modernisation of the transport infrastructure of Bosnia-Herzegovina with a €21 million loan for the completion of the construction of the Banja Luka-Gradiska motorway. The motorway, being built with financing from both the EBRD and the European Investment Bank (EIB), is the first in the Republika Srpska, and links the capital Banja Luka with the international transport Corridor X [a pan- European corridor which run
July 5, 2012 Read time: 2 mins
THE EBRD (1166 European Bank for Reconstruction and Development) is increasing its support for the modernisation of the transport infrastructure of Bosnia-Herzegovina with a €21 million loan for the completion of the construction of the Banja Luka-Gradiska motorway.

The motorway, being built with financing from both the EBRD and the 1054 European Investment Bank (EIB), is the first in the Republika Srpska, and links the capital Banja Luka with the international transport Corridor X [a pan- European corridor which runs between Salzburg in Austria and Thessaloniki in Greece, passing through Austria, Slovenia, Croatia, Serbia, Macedonia and Greece].

The EBRD's new sovereign loan will be extended to the Republika Srpska Motorways, a newly-established public company responsible for managing the motorway network. The proceeds of the loan will be used to finance the construction of the Mahovljani Interchange, which will complete the missing link on the Banja Luka-Gradiska motorway. The project will also support a programme of institutional strengthening for this new company.

The project includes the construction of a 1.8km new two-lane motorway, four interchange two-lane slip roads, with a total length of 6.9km, two viaducts, which carry two of the slip roads over the new motorway, and four other bridges within the interchange.

In addition to the EBRD loan, the project is co-financed by €5 million in grant funds provided by the 2465 European Commission through its preaccession programme, and €500,000 from the Central European Initiative and the Western Balkans Investment Framework, a joint grant and lending facility established by the European Commission, the European Investment Bank, the EBRD, and the 1172 Council of Europe Development Bank to finance priority projects in the Western Balkans.

Related Content

  • Serbia starts in-depth talks with the Chinese for Corridor 11 work
    May 7, 2015
    Serbia has entered into “in depth” negotiations with two Chinese companies for concession contracts along the Corridor 11 motorway between Belgrade and the Montenegrin border. Shandong High Speed Group and the China Road and Bridge Corporation (CRBC) are the two Chinese companies that have passed the pre-qualification process. The project value has not been mentioned. Serbian vice president Zorana Mihajlovic said that the Chinese have requested guarantees for transport and Serbia is considering this a
    Read More
  • Interest is strong in a highway project in Bosnia
    May 4, 2012
    Interest is strong in a major road contract in the autonomous Republika Srpska region of Bosnia. So far three Croatian companies, Ingra Inzinjering, Viadukt and Konstruktor have submitted bids for construction of the new highway that is planned and which will be 37km long. The European Bank for Reconstruction and Development approved a finance package worth some €150 million to fund construction of the highway. Bosnian roads company Autoputevi Republike Srpske has said that out of 31 companies which purchas
    Read More
  • Ring road for Sarajevo nears completion
    December 17, 2012
    The Sarajevo Ring Road in Bosnia and Herzegovina is expected to be completed by October 2012. The construction of the 5.6km long highway from Josanica to Butila is being carried out by a consortium of companies made up of HP Investing and Strabag. The completed Ring Road will be part of the future Corridor Vc motorway. Bosnia and Herzegovina Federal Minister of Transport and Telecoms, Enver Bijedic, and State Minister of Telecoms and Transport and Director of the roads company JP Ceste FBiH, Filip Vujevo, r
    Read More
  • Serbia and Bosnia consider options for a Belgrade-Sarajevo project
    December 19, 2016
    Serbia and Bosnia have started talks on constructing a fast highway between the Serbian capital Belgrade and Sarajevo, capital of Bosnia and Herzegovina. Serbian Vice President Zorana Mihajlovic met with the Bosnian minister of transport, Ismir Jusko, to agree on forming a joint working group to consider routes and road construction, according to the Serbian newspaper B92. Mihajlovic said that Serbia's main focus is for building the 100km Pozega-Visegrad section, of which 60km is in Serbia and 40km in
    Read More

Highlighted Content