Skip to main content

Key Kosovo connection for construction

A loan worth €71 million will help pay for a 30km highway project in Kosovo. .
December 20, 2017 Read time: 1 min
A new highway project will help develop Kosovo’s economy, connecting capital Pristina with the city of Peje

A loan worth €71 million will help pay for a 30km highway project in Kosovo. The loan is being provided by the European Bank for Reconstruction and Development (EBRD) and will link Kijeve to the west of capital Pristina, with Zahaq, lying on the outskirts of the city of Peje.

The highway will form part of Route 6b of the Western Balkans Comprehensive Network and will support Kosovo’s economic development and regional integration. The EBRD funding will be complemented by a €80 million loan provided by the 1054 European Investment Bank (EIB) and €3.2 million in grant funding from the Western Balkans Investment Framework (WBIF) for project preparation.

The investment will also support the commercialisation of the road sector through the introduction of first steps, such as appropriate funding levels for road development and maintenance. Special attention will also be paid to improvements in road safety.

The project will assist in Kosovo’s economic development by helping trade and transport.

For more information on companies in this article

Related Content

  • Bosnian deal with China Road and Bridge
    March 15, 2024
    The Chinese company could be reconstructing 15km of highway around Hum, close to the Montenegren border.
  • Ukraine road development: funding secured
    November 22, 2019
    Funding has been secured to help pay for major improvements to Ukraine’s road network.
  • Loans for Albanian roads
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing a loan worth €50 million to help with the rehabilitation of regional and local roads as well as the modernisation and improvement of transport infrastructure in Albania. This EBRD loan will be used to improve to 500km of roads in rural areas of Albania. The European Investment Bank (EIB) will provide a loan for the same amount for the project. The project is also supported by €33 million in grant financing from the European Commission
  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.