Skip to main content

Bosnian highway underway

Construction work on a section of Bosnia's Corridor 5c highway is set to commence by the end of September 2011.
February 24, 2012 Read time: 1 min
Construction work on a section of Bosnia's Corridor 5c highway is set to commence by the end of September 2011. The section of highway being built is located in Ljubuska and Capljina, with work staring on the 4km Kravica-Bijaca and due for completion in 10 months. Loans worth €511.29 million will be provided jointly by the 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB).

For more information on companies in this article

Related Content

  • Moldova is investing in upgrading highway links
    September 11, 2013
    A €150 million budget has been set aside by the Moldavian Ministry of Transport and Road Infrastructure for upgrades to 200km of the country’s major highway links. The funding is coming in the shape of a loan from the European Bank for Reconstruction and Development (EBRD). In addition the US Government’s Millennium Challenge Corporation (MCC) is investing a further US$132 million in its Moldovan Compact agreement. The EBRD loan will be used to improve sections of the R33 Hincesti-Lapusna-M1 road to the Rom
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po
  • EBRD funding for St Petersburg project?
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) intends to provide a US$277 million (€200 million) loan to the Northern Capital Highway consortium, which will build the central 11.5km section of St Petersburg’s Western High Speed Diameter (WHSD) route. The EBRD’s board of directors has said will consider the loan on 14th February 2012. The finance package is of note as Russian road projects have largely found funds from other sources so far. The Northern Capital Highway consortium estimates the
  • EIB supporting Finnish PPP highway project
    June 17, 2015
    The European Investment Bank (EIB) is providing financial support for a key Finnish highway project, which will be run on a PPP basis. The EIB is providing a €102 million long-term loan to finance the construction of a 32km highway stretch between Hamina and Vaalimaa in Finland. This section will be built on a public-private-partnership (PPP) basis. Using this model is expected to reduce the construction cost and also shorten the time needed to complete the work in comparison to a conventional procurement p