Skip to main content

Loan for Bosnia motorway project

A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
May 9, 2019 Read time: 2 mins
A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The 1166 European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s  further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for.


The development of Corridor Vc is a strategic priority for Bosnia and Herzegovina. When it is completed, the motorway will cross the country from the port of Ploce in the south to the border with Croatia in the north. It is currently the biggest construction project in the country.

The 14km section will start at the Rudanka interchange in the Republika Srpska and bypass the town of Doboj at the Medakovo interchange in the Federation of Bosnia and Herzegovina. Doboj is a major national transport hub, linking different parts of the country.

Once completed Corridor Vc will serves as an extension of the Trans-European Transport Networks to the core network of the Western Balkans. More than 50% of the population of Bosnia and Herzegovina lives within the 30km-long corridor, an area which contributes more than 60% to the country’s GDP.

The completion of Corridor Vc is expected in 2030 and total cost estimated to be approximately €4billion. To date, about €1.1 billion has been invested. In addition to EBRD and EIB, the largest contributor is the European Union through the Western Balkans Investment Framework. Other co-financiers of Corridor Vc include OFID and Kuwait Fund.

For more information on companies in this article

Related Content

  • JP Autoceste eyes 2020 as completion date for Bosnia’s Corridor 5c
    March 3, 2016
    Around two-thirds of the Corridor 5c motorway project is expected to be completed by 2020, according to the director of the Bosnian motorways company JP Autoceste. Jasmin Buco said that 120km out of 337km of the motorway are complete. The corridor section, to connect Budapest with Ploce port in Croatia, is taking the most time. He said that the cost of the remaining part of the motorway is expected to be around €2.81 billion.
  • EBRD mulls loan for Macedonian Corridor 8 work
    July 13, 2021
    The €110million (US$ 130.5 million) load would help construct a 10.7km section, including a tunnel, between Bukojcani and Kicevo.
  • 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
  • Bosnia road corridor contract
    March 21, 2019
    The contract for the first stage of the Corridor 5C project for Bosnia has been signed. This 48km section of Corridor 5 will itself be constructed in four sections and is expected to cost more than €500 million. Funding for these four stages of the Corridor 5 project is being provided by the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB), each of which will fund two stages.