Regional Broadband Infrastructure Development

Mediterranean Corridor: Construction of Road Corridor Vc in Bosnia and Herzegovina

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Project Financing

WBIF Grant TA-BIH-08 € 400,000
WBIF Grant WB1-BIH-TRA-01 € 2,000,000
EBRD Loan € 80,000,000
EIB Loan € 166,000,000
EIB Loan € 75,000,000
EIB Loan € 100,000,000
EBRD Loan € 50,000,000
CEB Loan € 40,000,000
National Contribution Own Contribution € 101,550,000
WBIF Grant WB-IG00-BIH-TRA-01 € 24,540,000
WBIF Grant WB17-BIH-TRA-04 € 350,000
National Contribution Own Contribution € 7,607,920
EBRD Loan € 66,000,000
EIB Loan € 66,500,000
WBIF Grant WB18-BIH-TRA-01 € 3,036,000
National Contribution Own Contribution € 4,500,000
EBRD Loan € 256,650,000
WBIF Grant WB18-BIH-TRA-02 € 2,500,000
WBIF Grant WB19-BIH-TRA-01 € 5,000,000
Potential WBIF TA grant Other Sources € 4,200,000
Potential WBIF INV grant Other Sources € 38,500,000
National Contribution Own Contribution € 21,400,000
EIB Loan € 50,000,000
WBIF Grant WB-IG01-BIH-TRA-01a € 19,000,000
National Contribution/Other Sources Own Contribution € 10,218,000
WBIF Grant WB-IG01-BIH-TRA-01b € 12,062,000
WBIF Grant WB-IG01-BIH-TRA-03 € 14,940,000
EBRD Loan € 58,938,000
WBIF Grant WB20-BIH-TRA-02 € 3,893,500
WBIF Grant WB-IG02-BIH-TRA-06 € 11,780,000
WBIF Grant WB-IG02-BIH-TRA-07 € 11,480,000
WBIF Grant WB-IG03-BIH-TRA-06 € 8,789,140
EBRD Loan € 150,000,000
National Contribution Own Contribution € 29,675,000
EIB Loan € 40,420,000
EBRD Loan € 36,820,000
National Contribution Own Contribution € 320,000
National Contribution Own Contribution € 4,860,000
Other Sources Other Sources € 112,160,000
Total € 1,691,089,560
Total Grants € 119,770,640
Total Loans € 1,236,328,000

Project Description

The Mediterranean Corridor links the Iberian Peninsula with the Hungarian – Ukrainian border. Its extension into the Western Balkans connects Central Europe, specifically Hungary and eastern Croatia, to Bosnia and Herzegovina and the Adriatic Sea. With increasing pressure on the infrastructure through high daily average traffic volumes and a corresponding increase in freight volumes, Bosnia and Herzegovina embarked on an ambitious motorway construction programme, including along Corridor Vc on the Mediterranean Core Network Corridor, in cooperation with its neighbours.

The WBIF has actively supported the development of this Corridor since the start of the preparation works. It has mobilised technical assistance grants for project preparation as well as EU investment grants and loans (provided by the European Investment Bank and the European Bank for Reconstruction and Development) in support of various corridor sections. The total WBIF grant support to date totals more than €119.7 million. These investments will facilitate trade, regional integration and sustainable growth, and thus have a positive impact on the broader economy of Bosnia and Herzegovina.

More information on the Corridor sections currently supported by the WBIF may be found in the project factsheets included on this page as well as in the Connectivity Agenda packages, available here.

More details on the Corridor Vc may be found here and here.

Links

€15 Million Connectivity Agenda Grant Agreement Signed for Johovac – Rudanka Motorway Section in Bosnia and Herzegovina

High-level EU Visit to the 2017 Connectivity Project for Johovac – Rudanka Motorway Section in BiH

Connectivity Agenda: A New Bridge Towards the EU

€180 Million Loan for Mediterranean Corridor Corridor Vc in Bosnia and Herzegovina

Progress on the Croatia – Bosnia and Herzegovina Road Interconnection (Mediterranean Corridor)

  • Countries: Bosnia and Herzegovina
  • Code: PRJ-BIH-TRA-002
  • Sector: Transport
  • Monitor IFI: EIB
  • Status: Implementation
  • Beneficiary: Ministry of Communications and Transport of Bon...
Project financing split
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