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.

Finance & Funding

Related Content

  • Bosnia: more funds for Corridor C5 work
    June 25, 2021
    Bosnia’s national road agency Autoceste FBiHreports reports that 92km of Corridor 5C have been completed.
    Read More
  • Funding found for Paraguay’s planned projects
    December 13, 2013
    The authorities in Paraguay have agreed a funding package with the Latin American Development Bank (CAF) for a series of infrastructure projects in the country. The funding comes in the shape of a US$222 million loan and this is the first time that the CAF has approved funding of this size for the country. This will provide partial funding for the Programme for the Improvement of Integration Corridors and Road Reconstruction. Projects included in this include resurfacing of a 73km section of road in Neembuc
    Read More
  • Cameroon road construction project
    October 25, 2019
    The plan for a major new road project has been agreed in Cameroon. The 357km Ring Road project will connect Cameroon with neighbouring Nigeria. Part of the funding for the work is being provided in the shape of a loan worth US$20.7 million from the African Development Bank (AfDB). In all the project is costing $251.5 million. Only a 60.5km stretch between Ndop and Kumbo has been completed, with delays having been caused by instability in the region. However the new road will help transport and trade between
    Read More
  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
    Read More

Highlighted Content