Modernisation of Brčko Port is progressing
The construction works on the WBIF project 'Reconstruction and Modernisation of the River Port of Brčko Phase ...
The European Union will provide €1 million investment grant to Kosovo to help it improve the energy efficiency of public buildings such as kindergartens, schools and primary healthcare facilities in the city of Prizren. Complementing the EU grant, the European Bank for Reconstruction and Development (EBRD) is extending a €5 million sovereign loan for this project, implemented under the Regional Energy Efficiency Programme (REEP/REEP Plus) for the Western Balkans.Read more
The Ecoloans programme, funded by KfW Development Bank is on track to support the countries to overcome the two key barriers, limited access to long-term finance for related investments and low awareness of businesses and the general public about the need to save energy. After successfull placements of these funds via a range of partner financial institutions a follow up programme, the Low Carbon Energy Facility, has already started.Read more
The European Union (EU) is stepping up its support for Corridor Vc, the key transport infrastructure project in Bosnia and Herzegovina, with additional grant funding of €45.2 million. This brings the total amount of approved EU grants for Corridor Vc to more than half a billion euro.Read more
In an effort to bring the citizens of Niš closer to the development priorities for Serbia in the transport sector, the exhibition titled "EU support for the transport sector in Serbia" was set up in the premises of the EU Info Point in Niš.Read more
The first large-scale solar plant in North Macedonia ‒ financed with the support of the European Union, WBIF bilateral donors and the European Bank for Reconstruction and Development (EBRD) has been connected to the power grid and is already producing clean electricity.Read more
The construction works on the WBIF project 'Reconstruction and Modernisation of the River Port of Brčko Phase 1' are progressing, with port plateau being completed. This is the first step in the implementation of the project, that started in June 2021.Read more
On 1 March, a key step in the implementation of the €136 million EU-supported project was made with the announcement of the opening of bids for construction of North Macedonia’s largest environmental project - the Skopje wastewater plant.Read more
Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transport, digital, climate and energy connectivity projects in the Western Balkans. This is the first major package of projects under the EU's ambitious Economic and Investment Plan for the Western Balkans, which the Commission adopted in October 2020. The projects are designed to bring tangible benefits to all six partners in the region.Read more
On 17 February, works commenced on the 400 kV transmission line that starts from the transformer station "Bitola 2" and connects the power transmission systems of North Macedonia and Albania.Read More
The European Bank for Reconstruction and Development (EBRD) is launching a new Green Economy Financing Facility (GEFF) in Montenegro that will provide loans to households for energy efficiency improvements. The programme will benefit from over €27 million in incentives...Read More
The development of Digital Infrastructure in Western Balkan countries constitutes a Flagship for European Union’s Economic and Investment Plan for the Western Balkans.Read More
The Western Balkans are an integral part of Europe. We share a continent, and we work best when we work together.
The European Union and the region work together towards
The Economic and Investment Plan for the Western Balkans 2021-2027, put forward by the European Commission in October 2020, is a clear sign of the EU’s commitment to these goals in the region.
The Economic and Investment Plan identifies 10 investment flagships and allocates a substantial financial package of up to €9 billion in EU funds, with a potential to mobilise up to €20 billion of investments through the Western Balkan Guarantee Facility.
The Plan supports investments on sustainable transport, clean energy, environment and climate, digital future, competitiveness of the business sector, human capital development.
The new EU connectivity strategy, the Global Gateway, launched in September 2021, builds on the objectives and flagship investments of the Economic & Investment Plan for Western Balkans in the areas of transport, digital and energy, which contribute to strengthened connectivity within the region and with the EU.
The Western Balkans Investment Framework (WBIF) includes:
The WBIF is the main vehicle for the implementation of such ambitious recovery plan for the region.
Up to €9bn in EU funding (IPA III 2021-2027)
Up to €20bn of investments leveraged through the Western Balkans Guarantee Facility
10 investment flagships
Green and digital transition
The European Union in Montenegro has launched a new campaign entitled “Our friendship is a success story”, whi...
Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...
The Western Balkans Investment Framework is an EU initiative, uniting regional beneficiaries, international financial institutions, and bilateral donors to enhance the European perspective of the Western Balkans. Due to its collaborative nature in line with the ‘Team Europe’ approach, the WBIF has been identified as the main vehicle for the implementation of the ambitious Economic and Investment Plan for the Western Balkans.
The European Union, through the WBIF, contributes to programmes and facilities that provide financial instruments to:
Guarantee instruments facilities help to reduce:
The Western Balkans Enterprise Development & Innovation Facility (WB EDIF), co-financed by the EU through WBIF, aims at improving access to finance for small and medium-sized enterprises (SMEs) in the Western Balkans. In addition, WB EDIF also aims to create:
This includes the promotion of policy reforms to create the adequate business climate for SME financing.
The Economic and Investment Plan for the Western Balkans builds on solid work already in progress. In 2015, the European Union and its Western Balkan partners set out on an ambitious journey to improve connectivity - within the region and with the EU.
Five years on, we are delivering what we set out to achieve. The projects under the Connectivity Agenda are bridges of cooperation, bringing people and economies closer together. Better roads and railways are bringing faster, safer travel and a boost to trade. More efficient energy systems are delivering greater energy security and less pollution.
Of total investment leveraged
In EU Grants
In technical assistance for project preparation