|Total Grants||€ 565,250|
|Total Loans||€ 0|
Improving connectivity within the Western Balkans and with the European Union is a key factor for growth and jobs and will bring clear benefits for economies and citizens. The Western Balkans have made the Connectivity Agenda one of their highest priorities, with a special emphasis on the preparation and financing of regional infrastructure investment projects, but also on the implementation of technical standards and accompanying reform measures.
Infrastructure Project Facility 3 was tasked with identifying and analyzing (i) physical gaps in the core energy and transport network infrastructure, and (ii) gaps in project development, including an estimate of the costs necessary to bring potential projects to implementation and completion. The Study was completed in 2016 and identified a series of projects which would improve connectivity in the region as well as between the region and the EU.
The Study is currently being updated by Infrastructure Project Facility 5.