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

  • ADB loan for Armenia-Georgia highway
    November 4, 2016
    Approval for a US$50 million loan to develop a highway stretch in Armenia has been given by the Asian Development Bank (ADB). The loan will be used to upgrade the M6 Highway from Vanadzor in Armenia to the country’s border with Georgia at Bagratashen. The route is one of the most strategic roads for internal and external trade for landlocked Armenia while it also lies close to the country’s border with Azerbaijan. The upgrading of this highway will also provide an important link to the Black Sea Ring Road p
  • EBRD allots US$196mn for Kazakhstan-Uzbekistan border road
    January 18, 2013
    The European Bank for Reconstruction and Development (EBRD) has extended a US$196.5 million loan to Kazakhstan to fund the reconstruction of 62km of road from Shymkent to the Uzbekistan border. The project is part of the construction of the Western Europe - Western China transport corridor.
  • Slovakia tunnel sections underway but some delays
    January 23, 2018
    The route for new tunnel links for Slovakia’s D1 highway has been agreed. New tunnels now look set to be built on the 13.5km stretch between Turany and Hubova section of the D1 highway. This plan calls for the construction of the Korbelka and Havran tunnels at an estimated cost of €900 million. Building these two links would bypass the Lower Fatra mountain range, with the Korbelka Tunnel measuring 5.9km and the Havran Tunnel measuring 2.9km long. The Slovak Environment Ministry rejected an appeal against th
  • Russia’s most expensive road project to commence
    January 15, 2019
    Construction work is being planned for Russia’s most expensive road, which will be built in south of the country – Eugene Gerden reports Work is due to commence shortly on Russia’s most expensive road, in the south of the country. The highway will form part of the existing 1,600km Moscow-Sochi road, according to recent statements from senior officials at the Russian Ministry of Transport as well as local analysts. As part of the project, the Russian Government, together with private investors, plans to