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

  • Hungary road project, funding secured
    September 11, 2019
    Funding has been secured to help pay for an important road project connecting Hungary with neighbouring Slovakia. The EU is supplying €552.6 million, which will be used to improve the motorway that connects Hungary’s industrial city Miskolc with Tornyosnémeti, lying on the border with Slovakia. The work will include widening a 60km stretch of the existing route and constructing 48 new bridges. Construction is expected to be complete in the first quarter of 2022. The project is being financed through the EU’
    Read More
  • Mongolia's road ahead
    April 25, 2012
    Financing worth a total of US$170 million will help fund construction of Mongolia's Western Regional Road Corridor. This will be provided by the Asian Development Bank (ADB) in a series of payments.
    Read More
  • Russian road deals
    February 24, 2012
    A notable partnership deal looks set to provide funding for key Russian highway projects. A memorandum of co-operation has been signed between the state-owned Russian Highways (Avtodor) and the European Bank for Reconstruction and Development (EBRD).
    Read More
  • Challenging Colombian tunnel completed
    May 30, 2024
    A tunnel stretch on Colombia’s Santa Fe - Cañasgordas highway is complete – Mauro Nogarin reports
    Read More

Highlighted Content