EBRD loan for Bosnia

Japanese manufacturer Mitsubishi Motors has aided in a pilot study using an electric vehicle to power traffic lights.
March 15, 2012 Read time: 1 min
The 1166 European Bank for Reconstruction and Development (EBRD) is providing a loan worth€28.5million loan for transport infrastructure in Bosnia-Herzegovina. The loan will be used for the construction of a new bypass around Brcko, a town in the north-eastern part of the country. A 19km, two-lane bypass will be constructed around Brcko, connecting to the main east-west route passing through the Brcko District. The project will help ease the traffic congestion in the town and will bring environmental benefits by reducing the flow of traffic in the town centre. The EBRD investment will contribute to strengthening Brcko District’s development and economic growth. The EBRD loan is complemented by a €500,000 technical assistance grant from the Western Balkans Investment Framework, which will be used to support the improvement of the institutional structure for maintenance and development of Brcko District’s road network. Since the beginning of its operations in Bosnia and Herzegovina, the Bank has committed over €1.3 billion in various sectors of the country’s economy, including over €500 million to transport infrastructure.
Highway & Network Management

For more information on companies in this article

Related Content

  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More
  • Bulgaria: back on track?
    July 23, 2012
    Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
    Read More
  • Australian Institute of Landscape Architects (AILA) anger over East West Link
    August 6, 2013
    The Australian Institute of Landscape Architects (AILA) fear the design of the proposed multi-billion dollar East West Link highway in Melbourne will have a “substantial visual, environmental and amenity” impact on peoples quality of and the open spaces they enjoy. Kirsten Bauer, president of the AILA Victorian Chapter, has attacked the plans for the 18km tolled motorway, set to run from the western suburbs to the Eastern Freeway, after she and other Victorian AILA members had reviewed the “so called detai
    Read More
  • Key SR-91 highway upgrade underway in California
    December 16, 2013
    In the US state of California, construction is now underway for the State Route 91 (SR-91) Corridor Improvement Project. This improved section for SR-91 will run through the Corona and Riverside, both of which are located in Riverside County. The project will extend the SR-91 Tolled Express Lanes in Orange County into Riverside County, a distance of 17.6km. This includes a 13km stretch into Riverside County on SR-91, with a 5km flyover connecting to Interstate 15 from SR-91. Riverside County Transportation
    Read More

Highlighted Content