Bosnia strategy

Bosnia & Herzegovina plans to invest some €2.9 billion in constructing highways by 2017.
March 1, 2012 Read time: 1 min
Bosnia & Herzegovina plans to invest some €2.9 billion in constructing highways by 2017. The plans will be financed by the 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB). So far, Federal Bosnia & Herzegovina has secured €540 million in funding from the EBRD, the EIB and the 1006 Kuwait Fund for Arab Economic Development. This will be used to build 90km of the Corridor VC. Tenders are due to be called for a total of 12 sub-roads. At the last tender, worth €75 million, a total of six Croatian companies submitted bids.

Related Content

  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
    Read More
  • Cengiz wins Corridor VC contract in Bosnia
    March 21, 2023
    Cengiz submitted the lowest bid in the tender which attracted three offers in the deal said to be worth around €361.8 million, according to Bosnia’s state highways agency Autoceste.
    Read More
  • €180 million for Bosnia highway
    July 6, 2012
    The EBRD is investing in the largest infrastructure project in Bosnia-Herzegovina (BiH) to date by lending €180 million to the state to construct key sections of the Trans-European Corridor Vc. A key transport artery linking BiH with the rest of Europe, Corridor Vc starts in Budapest, Hungary and ends in the Adriatic Port of Ploce in Croatia. It runs north to south through the centre of BiH, and is the most strategically important link for regional trade and economic development. The €180 million EBRD finan
    Read More

Highlighted Content