Skip to main content

Bosnia motorway rebuilding work; funding secured

Funding has been secured to carry out motorway construction and road rebuilding work in the Bosnian autonomous entity Republika Srpska. The European Bank for Reconstruction and Development (EBRD) will provide €351 million to build new motorway connections and improve existing roads in the territory. Of this funding package, €150 million will be used for the Corridor 5 project.
October 7, 2019 Read time: 1 min

Funding has been secured to carry out motorway construction and road rebuilding work in the Bosnian autonomous entity Republika Srpska. The European Bank for Reconstruction and Development (EBRD) will provide €351 million to build new motorway connections and improve existing roads in the territory. Of this funding package, €150 million will be used for the Corridor 5 project.

Related Content

  • Consortium wins Slovakia bypass job
    December 11, 2015
    A consortium will carry out a major bypass project in Slovakia’s capital Bratislava. The consortium comprises Spanish construction firm Cintra, as well as Australian companies Macquarie and Porr. The partners will build part of Bratislava's (Slovakia) ring road. The contract also includes a 30 year management period for a 27km stretch on the D4 motorway and a further 32km stretch on the R7 motorway. The contract will be formalised once all the documentation is verified by the Slovakian Government. The proje
  • Moldova is investing in upgrading highway links
    September 11, 2013
    A €150 million budget has been set aside by the Moldavian Ministry of Transport and Road Infrastructure for upgrades to 200km of the country’s major highway links. The funding is coming in the shape of a loan from the European Bank for Reconstruction and Development (EBRD). In addition the US Government’s Millennium Challenge Corporation (MCC) is investing a further US$132 million in its Moldovan Compact agreement. The EBRD loan will be used to improve sections of the R33 Hincesti-Lapusna-M1 road to the Rom
  • EBRD funds road upgrades in Alba Iulia
    August 31, 2023
    The Romanian city will get improvements to 15km of roads and officially joins the Green City programme of the European Bank for Reconstruction and Development - EBRD.
  • Serbia inks two road deals with China at 16plus1 summit
    April 23, 2019
    Serbia said it signed two road construction agreements with China during the 16plus1 Summit in Dubrovnik, Croatia earlier this month. The two deals are for construction of the Pozega-Boljare and Novi Beograd-Surcin road routes. The Pozega-Boljare project alone is worth €2 billion and will be financed from the existing loan from the Exim Bank, according to media reports. China’s east-west Belt and Road Initiative was the focus of the annual 16plus1 Summit that brought together leaders from Beijing plus