Bosnia highway project, funding secured

Funding has been secured for a major highway project that will help revitalise Bosnia’s economy. The European Bank for Reconstruction and Development (EBRD) has signed a deal that will supply a finance package worth €210 million. Coming in the shape of a loan, this will be utilised to help pay for the Doboj ring road, which will form part of the Corridor 5C highway link.
May 15, 2019 Read time: 1 min

Funding has been secured for a major highway project that will help revitalise Bosnia’s economy. The European Bank for Reconstruction and Development (EBRD) has signed a deal that will supply a finance package worth €210 million. Coming in the shape of a loan, this will be utilised to help pay for the Doboj ring road, which will form part of the Corridor 5C highway link.

Finance & Funding

Related Content

  • Pakistan’s transport projects are being planned
    April 18, 2017
    Pakistan is planning a massive investment in transport development projects. The country has set a budget of US$1 billion for vital road projects, which have gained approval from Pakistan’s federal Government. The three road infrastructure projects form part of the China-Pakistan Economic Corridor (CPEC). These include a $183 million road link stretching 110km between Basima and Khuzdar, a 210km dual carriageway between Yarik and Zhob costing $725.7 million and a $76.3 million road stretching 280km from Rai
    Read More
  • Lithuania highway project progressing
    September 18, 2019
    Work is now complete on Lithuania’s Panevėžys bypass, which has been widened so that it features three lanes in either direction. This 22km road rebuilding project was carried out by local contractor, Panevezio Keliai, in a deal worth €44.6 million. Financing for the work was provided jointly by the EU and the local authorities. A novel feature of the project is that traffic lanes are reversible to help reduce congestion at peak periods and account for traffic flow. The project forms part of the wider plan
    Read More
  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports
    Read More
  • New elevated highway project for Sri Lanka
    October 1, 2018
    Work now looks ready to move ahead for an elevated highway project in Sri Lanka’s capital Colombo. Funding has been secured in the shape of a loan worth US$300 million from the Asian Development Bank (ADB) to help carry out the work. In all the work is expected to cost $360 million and involves building a 5.3km section of elevated highway. This new elevated route will be tolled for users when complete and will connect the new bridge spanning the Kelani River, which itself is due for completion in 2020
    Read More

Highlighted Content