North Macedonia

North Macedonia

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North Macedonia

  • Population: 1.8 million
  • GDP: €11.3 billion
  • GDP per capita: €5,170
  • Public Debt: 51.25% GDP
  • EU Candidate: December 2005

'WBIF investments are instrumental in connecting people, creating jobs and boosting economic development in North Macedonia and the entire Western Balkans. WBIF projects bring tangible benefits to the lives of people and accelerate the EU integration of the region.'

Ambassador David Geer

Since 2009, the WBIF has supported 27 projects for €2.6 billion estimated investments in the public sector in North Macedonia.

The country has benefited from 43 grants for €421.8 million in technical assistance and investment co-financing. The EU IPA grant support channelled through the WBIF accounts for €396.4 million and covers both technical assistance and investment works. Other donors have contributed €25.4 million as well. 

€421.8 m

Investment grants:  €391.9m

Technical assistance: €29.9m

2.6bn

€852m

WBIF grants

IPA II bilateral grants

Transport

Sustainable Transport

€293.6m

€107.6m

Energy

Clean Energy

€38.9m

-

Environment & Climate

€75.8m

€120.3m

Human Capital

€12.9m

€44.3m

Digital Future

€0.6m

-

Competitiveness

Breakdown of support provided below

€164.6m

Total

€421.8m

€436.8m

Achieved results

2009 – 2022

  • 36.8 MW renewable energy generation capacity installed
  • 70 km of transmission lines upgraded   
  • Better schools for more than 78,000 students/year   
  • Healthcare research and treatment facilities for 1.8 million people 
  • New prison facilities in line with European standards for 1,870 detainees

Expected results

2022 – 2030

  • 39 km of motorways  
  • 205 km of railway lines, 1 joint border station built
  • 168 km of transmission lines upgraded   
  • 561 MW renewable energy generation capacity installed
  • 107 km of future-proof gas pipelines  
  • Improved water/waste water services for 580,000 people
  • Efficient solid waste services for 300,000 people    
  • Better schools for 56,300 students/year
  • Healthcare treatment and research facilities for 200,000 people    
  • Rollout of backhaul connectivity to households and public institutions in rural areas
  • 60% of households with access to ultra-fast broadband networks 
  • Infrastructure sharing via the Balkan Digital Highway initiative

Support to Private Sector

wb edif

The Western Balkans Enterprise Development & Innovation Facility

  • €21.9m in financing for SMEs
  • 118 SMEs supported in North Macedonia
efse

European Fund for Southeast Europe

  • €216m sub-loan investments since inception
  • 10,919 sub-loans provided since inception
  • 39 technical assistance projects since inception
ggf.

Green for Growth Fund

  • €40.2m sub-loan investments since inception
  • 177,986 MWh/yr primary energy savings
  • 52,107 tCO2/yr emissions reduction
regional energy

The Regional Energy Efficiency Programme

  • €19.5m in financing for residential sector (GEFF)
  • €2.2m in direct financing for private sector

Latest North Macedonia News

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EU-funded solar plant starts operating in North Macedonia
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06-04-2022

EU-funded solar plant starts operating in North Macedonia

The first large-scale solar plant in North Macedonia ‒ financed with the support of the European Union, WBIF b...

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Progress made on North Macedonia’s largest environmental project
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03-03-2022

Progress made on North Macedonia’s largest environmental project

On 1 March, a key step in the implementation of the €136 million EU-supported project was made with the announ...

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European Commission launches €3.2 billion investment package in the Western Balkans
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25-02-2022

European Commission launches €3.2 billion investment package in the Western Balkans

Today, the European Commission has unveiled a substantial €3.2 billion investment package to support 21 transp...

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Videos

Publications

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From Plan to Action - WBIF Key Achievements 2021
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11-11-2022

From Plan to Action - WBIF Key Achievements 2021

WBIF key achievements in 2021 on advancing the implementation of the Economic and Investment Plan for the West...

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Factsheet Rail Corridor VIII, North Macedonia (October 2022)
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31-10-2022

Factsheet Rail Corridor VIII, North Macedonia (October 2022)

Factsheet Rail Corridor VIII, Beljakovce-Kriva Palanka section, North Macedonia (October 2022)

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WBIF July Newsletter 2022
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21-07-2022

WBIF July Newsletter 2022

WBIF July Newsletter 2022

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Partner Financial Organisations

Western Balkan Partners