Bosnia road corridor contract

The contract for the first stage of the Corridor 5C project for Bosnia has been signed. This 48km section of Corridor 5 will itself be constructed in four sections and is expected to cost more than €500 million. Funding for these four stages of the Corridor 5 project is being provided by the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), each of which will fund two stages.
March 21, 2019 Read time: 1 min

The contract for the first stage of the Corridor 5C project for Bosnia has been signed. This 48km section of Corridor 5 will itself be constructed in four sections and is expected to cost more than €500 million. Funding for these four stages of the Corridor 5 project is being provided by the 1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB), each of which will fund two stages.

Finance & Funding

For more information on companies in this article

Related Content

  • Bosnia tunnel project; work starting
    November 1, 2019
    Construction work is due to start on the Prenj Tunnel project in Bosnia. The tunnel will form part of the important Corridor 5C route. Measuring 10km in length, the road and tunnel project is expected to cost €820 million to build. Funding is being supplied jointly by the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD). The Bosnian Government has also secured a portion of the necessary funding from Bosnian banks. In addition, a contract has been agreed for the
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
    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

Highlighted Content