Skip to main content

Kosovo: EIB approves loan for Pec-to-Kijevo route

The European Investment Bank has agreed an €80 million loan to Kosovo for construction of a road between the villages of Pec and Kijevo. The road is part of the 6B Route that connects the Kosovo capital Pristina with neighbouring Montenegro, a former Yugoslav republic. Project details have not been mentioned. In November, the European Bank for Reconstruction and Development said it, too, would provide a loan, this time of €71 million loan, for construction of the 30km section. The loans are part of the
June 8, 2018 Read time: 1 min

The European Investment Bank has agreed an €80 million loan to Kosovo for construction of a road between the villages of Pec and Kijevo.

The road is part of the 6B Route that connects the Kosovo capital Pristina with neighbouring Montenegro, a former Yugoslav republic. Project details have not been mentioned.

In November, the European Bank for Reconstruction and Development said it, too, would provide a loan, this time of €71 million loan, for construction of the 30km section.

The loans are part of the Western Balkans Investment Framework.

Related Content

  • Investing in Albania's roads
    March 22, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
  • Vehicle emissions strategy
    July 3, 2012
    Environmental questions are facing the construction of the Martin-Presov highway in Slovakia. The European Investment Bank (EIB) and European Bank for Reconstruction and Development (EBRD) are waiting to receive approval to fund construction of the highway in Slovakia from the European Commission (EC). However the EC is not giving its approval for the loans at present until the Slovak Government provides answers as to why the route goes through a national park. Although the Slovakian Transport Ministry is k
  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De
  • Delay for major Serbian highway project
    August 19, 2016
    Construction work on Serbia’s Ljig-Preljina highway, the Corridor 11 Project, is being delayed. The delay has been caused by complications involving the construction of the tunnel and bridge sections. The construction work is being carried out by the Azerbaijan contractor Azvirt, with local firms carrying out sub-contracting projects. The new route is expected to open around 40 days later than originally expected as a result. Meanwhile the improving political relations between Serbia and its neighbour Ko