Estimated Project Value: €4.9 billion
WBIF Grants: €191.4 million, out of which €167.4 million from the EU and €24.0 million from other donors
Loans Signed: €2.3 billion
The WBIF has supported 34 projects with an overall estimated value of €4.9 billion across all eligible sectors. Grant support from the WBIF totals €191.4 million, whereas signed loans have reached €2.3 billion. The EU support channelled through the WBIF accounts for €167.4 million and covers both technical assistance and investment works.
The WBIF has helped prepare and implement essential infrastructure developments across all eligible sectors. It has successfully piloted research, development and innovation as well as start-up incubator facilities alongside retrofitting of schools. Social housing and judiciary facilities as well as key infrastructure developments that would ensure proper access to municipal services (water, wastewater, and district heating) have also been planned for and are currently being built/operated. Moreover, electricity and gas transmission options have been reviewed, with WBIF technical assistance, while transport routes by road and rail have been designed for expansion and/or improvement. Urban transport assignments in Belgrade are currently ongoing with a view to increasing public transport capacities and reducing its carbon footprint.
Achieved results (selection):
Expected results (selection):
Out of the thirty-four projects supported, two have been completed, seventeen are being implemented and sixteen are at various stages of preparation. In addition, Serbia 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 Serbia, please visit our Projects page.
Orient/East-Med Corridor: Serbia – Bulgaria CXc Rail Interconnection, Sicevo - Dimitrovgrad Section, (c) EU. 80 km of railway track upgraded, including preparatory works for electrification and signalling and telecommunication systems.
€84.4 million investment value
€43.6 million EU grant;
€36.7 million EIB loan.
For more details, please see the Project Summary (last updated July 2018).
Population: 7.0 million
GDP: €36.7 billion
GDP per capita Index: 37
Public Debt: 63% GDP
EU Candidate: March 2012; accession negotiations commenced in January 2014.