Skip to main content

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.

For more information on companies in this article

Related Content

  • Investing in East Africa's road sector to boost economic development
    April 14, 2020
    Investments in East Africa’s road sector are helping drive economic development as well as political stability
  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
  • EBRD supplies loan for Albania’s road development
    February 11, 2020
    The EBRD is suppling a loan to help pay for Albania’s planned road development works.
  • Japanese funding will help Kenyan infrastructure projects
    May 15, 2014
    Major investment in Kenya’s infrastructure from Japan will help boost the country’s transport connections and develop its economy. One of the key links for Kenya to benefit has been the Nairobi Western Ring Roads Project, which was recently opened to traffic Named the Cotton Road after a Japanese engineer, this new road will help tackle the Kenyan capital’s endemic congestion problems. Endless traffic jams have become the norm in Nairobi, not only impacting negatively on the health and productivity of r