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Montenegro

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WBIF in Montenegro

Estimated Project Value: €962 million 


WBIF Grants: €164.2 million, out of which €144.3 from the EU and €19.9 million from other donors


Loans Signed: €213 million


The WBIF has supported 17 projects with an overall estimated value of €962 million across eligible sectors. Grant support from the WBIF totals €164.2 million, whereas signed loans have reached €227 million. The EU support channelled through the WBIF accounts for €144.3 million and covers both technical assistance and investment works.

The WBIF has helped prepare and implement essential infrastructure developments across all eligible sectors, such as water and wastewater systems throughout the country, district heating, regional solid waste schemes, gas and electricity distribution networks. Moreover, the WBIF has contributed to the development of essential road and rail transport routes, which will ensure the country's connections with the other countries in the Western Balkans and the EU.

Achieved results (selection):

  • Better solid waste services for more than 180,000 people;
  • Improved wastewater systems for 50,000 people.

Expected results (selection):

  • 100 km of new high-speed roads;
  • 167 km of railway lines  rehabilitated;
  • 270 km of electricity transmission lines upgraded;
  • 95 km of gas pipeline;
  • Water/wastewater systems for more than 350,000 people;
  • Improved solid waste services for 100,000 people;
  • Flood forecasting and warning system for 190,000 people living in the Sava River Basin;
  • New prison facility in line with European standards for 200 detainees.

Out of the seventeen projects supported, two have been completed, five are being implemented and ten are at various stages of preparation. In addition, Montenegro has benefited from regional projects and initiatives funded by the WBIF, such as the Regional Energy Efficiency Programme for the Western Balkans (REEP and REEP Plus) and the Western Balkan Enterprise Development and Innovation Facility (EDIF).

For more details on the current status of the WBIF operations in Montenegro, please visit our Projects page.

2015 Connectivity Project

Orient/East-Med Corridor: Montenegro – Serbia R4 Rail Interconnection, Bar – Vrbnica Section, (c) EU. With this investment project, signalling systems on approximately 9 km of railway line will be replaced in Podgorica, as well as 29 concrete bridges and 20 tunnels on the Vrbnica – Bar section will be rehabilitated.

€44.8 million investment value

€20 million EU grant

€20 million EIB loan 

For more details, please see the Project Summary (last updated February 2018).

The Country at a Glance

Population: 0.6 million


GDP: €4.2 billion


GDP per capita Index: 46


Public Debt: 67.2% GDP


EU Candidate: March 2004


Documents

Montenegro and the WBIF

Links

EU Delegation to Montenegro

AFD in the Western Balkans

CEB in Montenegro

EBRD in Montenegro

EIB in Montenegro

KfW in Montenegro

World Bank in Montenegro


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