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

  • Progress is being made with Serbia’s Corridor 11 highway project
    October 8, 2012
    Work is underway in Serbia for the Corridor 11 highway project and a number of local firms are now carrying out construction work on the Corridor 11 section from Ub to Lajkovac. Meanwhile Azvirt from Azerbaijan is preparing the Ljig to Preljina stretch of the highway, with the €300 million work being financed by Azerbaijan. The Serbian Government is asking China’s Exim Bank for a long term loan of €850 million, of which €300 million would be for the Corridor 11 project and €550 million would be for the Mora
    Read More
  • Poland's highway plans to go ahead
    May 15, 2012
    In Poland, the European Investment Bank has committed itself to maintaining its loan agreement for the A1 highway, despite recent problems over the project. The e1.1 billion loan that the EIB had agreed with Autostrada Poludnie for construction of a 180km section of the A1 highway from Strykow to Pyrzowice, will now be placed at the disposal of the Polish highway authorities. To carry out the work, Poland has to raise a further e503 million, which could be obtained from an issue of road bonds. Autostrada Po
    Read More
  • Loan to finance Nicaragua capital road project
    April 20, 2017
    A loan from the European Investment Bank (EIB) will fund work on a highway project in Nicaragua’s capital Managua. The US$136 million financing package was secured by the Nicaraguan Government. This will be used to improve and widen the Pista Juan Pablo II highway, boosting capacity and reducing congestion at peak periods, as well as improving safety for drivers. The work involves widening the route so that it has three lanes in either direction, as well as building five flyovers, installing drainage, cycli
    Read More
  • Nicaragua capital highway route financing secured
    June 26, 2017
    The financing package for a key highway project in Nicaragua’s capital Managua has now been secured.
    Read More

Highlighted Content