Bosnia: more funds for Corridor C5 work

Bosnia’s national road agency Autoceste FBiHreports reports that 92km of Corridor 5C have been completed.
By David Arminas June 25, 2021 Read time: 1 min
The 700km-long European transport Corridor 5c connects the Adriatic port of Ploce in Croatia with Budapest in Hungary via Bosnia (photo © Bennymarty/Dreamstime)

Bosnia’s national road agency Autoceste FBiH has secured more funds - €869.2 million (US$1.05 billion) - for continued construction of the Corridor 5C motorway project.

The agency reports that 92km of Corridor 5C have been completed. The 700km-long European transport Corridor 5c connects the Adriatic port of Ploce in Croatia with Budapest in Hungary via Bosnia which has around 340km of the route.

Roads company said that in 2019, loan worth €971 million have been signed with the EIB – the European Investment Bank owned by European Union members, another €600 million with the EBRD (European Bank for Reconstruction and Development) and €181 million with other financial agencies including the OPEC Fund and the Kuwait Fund for Arab Economic Development.

Meanwhile, work has been underway on another part of the C5 in Bosnia, the twin tube Zenica Tunnel, part of the Zenica Bypass between Ponirak and Vraca.

Finance & Funding

Related Content

  • Cost drop for Albania’s Thumana-Kashar motorway?
    August 15, 2019
    Albania’s Thumana-Kashar section of the A1 motorway may cost 50% less than planned, according to a recent feasibility study.
    Read More
  • Bosnia gets €750 million loan for Corridor 5C motorway
    March 1, 2018
    Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project. Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans. Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million. The money will be used for constructing four 70km sections of
    Read More
  • EBRD to support Bosnian flood damaged road repairs
    September 14, 2017
    Bosnia has picked up a €221 million loan from the European Bank for Reconstruction to finance two road projects, including a Corridor Vc section. Up to €65 million of the a €221 million will be for flood damage repairs.
    Read More
  • Pocitelj Bridge reaches banks of Neretva River
    August 21, 2023
    Contractors are working to correct a concrete issue on a section of the 100m-long continuous prestressed girder bridge across the Neretva River in Bosnia and Herzegovina.
    Read More

Highlighted Content