Bosnia tunnel project; work starting

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
November 1, 2019 Read time: 1 min
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 construction of the Ivan Tunnel, which will also form part of the Corridor 5C route.  This is expected to cost €56.75 million to build. The financing for this tunnel section is being provided jointly by the EBRD and the Western Balkans Investment Framework (WBIF). Construction should commence in early 2020 and is due for completion in 2022.

Finance & Funding

Related Content

  • Fehmarn Belt tunnel work to start in January
    April 29, 2020
    Construction of the large-scale tunnel element factory at Rødbyhavn can now start soon.
    Read More
  • David Barwell suggests six steps for closing the UK funding gap
    January 11, 2019
    Six steps for closing the UK funding gap Plenty of private money is seeking UK investment opportunities. The government and the infrastructure sector in general must make projects more attractive, writes David Barwell* It is widely acknowledged that the UK faces mounting economic, environmental and social problems if the nation's infrastructure fails to meet present and future demands. Government estimates propose that almost €561 billion is required to bridge the infrastructure funding gap. As part o
    Read More
  • Moldova gets EBRD loan for M1, M2 upgrades
    August 28, 2023
    The work will enhance transport connectivity by strengthening core transport links with a focus on the pan-European TEN-T network.
    Read More
  • New ring road to solve problem of traffic jams in Ukraine capital Kiev
    May 10, 2018
    Ukraine’s capital Kiev will benefit from a new ring road – Eugene Gerden writes The government of Ukraine, together with the authorities of the Ukrainian capital Kiev, plans to invest up to US$2 billion in the building of a new ring road around the city. The new road, known as the Great Ring Road, will be around 200km long, of which 65km will be of existing roads and 148km of new roads. The ring road will connect three international transport corridors that run through the territory of Ukraine, as well
    Read More

Highlighted Content