EBRD to support Bosnian flood damaged road repairs

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.
September 14, 2017 Read time: 1 min
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.

Around €156 million will be allocated to a number of segments of Corridor Vc, including the Svilaj-Odzak section, the section connecting Pocitelj to Buna, the Zenica bypass and the sectioni between Zenica tunnel and Donja Gracanica.

Corridor Vc - or 5c - is designed to connect Kiev in the Ukraine to Slovakia and Hungary and runs through Bosnia to Croatia’s Adriatic coast. The pan-European corridor consists of three branches, of which Vc follows a route from Budapest in Hungary to Ploce on the Croatian coast.

Finance & Funding

Related Content

  • Concerns over bidding for Pocitelj Bridge work surface in Bosnia
    January 12, 2017
    A Bosnian minister has expressed concern over the difference between bids by two consortia for a motorway project that includes construction of the Pocitelj Bridge. Bosnia's state-owned motorway company Autoceste FBiH said in May that it had signed a contract worth nearly €108 million with the joint venture of Euroasfalt and Strabag for construction of the 5.8km Klopce-Donja Gracanica subsection of pan-European transport Corridor Vc. A report by the Bosnian news agency Fena said that Bosnia's deputy m
    Read More
  • CT Ictas and Astaldi submit complaint over Peljeski Bridge award
    February 14, 2018
    Croatian media are reporting a dispute between two consortia and that of the China Road and Bridges over the Peljeski bridge project. Croatia’s national roads company Hrvatske Ceste chose China Road and Bridges but the decision is being challenged by a consortium led by the Italian firm Astaldi and one by Turkish CT Ictas. The two consortia submitted their complaints to the Croatian State Commission for Control of Public Ordering Processes in January only days after similar action by another consortia led
    Read More
  • Tender evaluation nears for Croatia’s Peljeski Bridge Project
    September 22, 2017
    Croatia’s roads agency Hrvatske Ceste will soon start evaluating tenders for the controversial Peljeski Bridge project, according to national media. Bids for construction of the four-lane 2.4km long bridge have been submitted by the China Road and Bridge Corporation, Austria's Strabag as well as consortia headed by Italy’s Astaldi and the Turkish company Ictas. The bridge will connect Croatian territory by traversing the Adriatic Sea’s Mali Ston Bay.
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More

Highlighted Content