ROAD MODERNISATION FEDERATION BIH

Promoter – Financial Intermediary

JP DIREKCIJA CESTA FEDERACIJE BOSNE I HERCEGOVINE

Location

• Bosnia and Herzegovina

Description

Rehabilitation and safety improvements of part of the national road network in the Federation of Bosnia and Herzegovina (FBiH).

Objectives

The project is expected to facilitate trade, develop tourism, support private sector development, promote regional and national economic growth and ultimately contribute to economic and social cohesion in the region.

Comments

The investment schemes composing the project are expected to be carried out over a five-year period from 2014 until 2019.
This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

• Transport

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 103 million

Environmental aspects

If located in the EU, two of the investments would fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and therefore be subject to screening. In FBiH they fall under the EIA procedure stipulated by the Law on Environmental Protection of BiH. The promoter has already carried out the EIA studies for these schemes. Their content and compliance with the principles of the relevant EU directives on strategic environmental assessment (SEA), EIA and nature conservation will be verified during appraisal. All other investments fall outside of the scope of Annexes I and II of the EIA Directive; the compliance of this second group of investments with the principles of the relevant EU directives on SEA, EIA and nature conservation will also be verified during appraisal.

Procurement

The Bank will require the promoter to ensure that any procurement procedures related to the project are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

Status

Signed - 23/02/2016