|National Contribution||Own Contribution||€ 101,550,000|
|Potential WBIF Grants||Other Sources||€ 42,700,000|
|National Contribution/Other Sources||Own Contribution||€ 10,218,000|
|Other Sources||Other Sources||€ 112,160,000|
|National Contribution||Own Contribution||€ 92,869,200|
|Total Grants||€ 214,364,640|
|Total Loans||€ 1,550,617,720|
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.