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

  • Investing in Albania's roads
    March 22, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • EBRD continues supporting infrastructure investment
    January 21, 2014
    The European Bank for Reconstruction and Development (EBRD) says it has provided strong support to emerging economies in 2013. Much of this investment has been into transportation infrastructure, which the EBRD sees as being crucial for development and to help emerge economies into growth. Total investments for the year across all of the regions where the EBRD is active amounted to €8.5 billion, according to preliminary estimates, compared with financing of €8.9 billion the previous year. These investments
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More
  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
    Read More

Highlighted Content