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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    North Macedonia : € 100,000,000
    Transport : € 100,000,000
    Signature date(s)
    20/01/2016 : € 35,000,000
    17/10/2011 : € 65,000,000

    Summary sheet

    Release date
    14 January 2008
    Status
    Reference
    Signed | 17/10/2011
    20070316
    Project name
    Promoter - financial intermediary
    Corridor X Road Project
    FYR of Macedonia
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 130 million.
    EUR 260 million.
    Location
    Sector(s)
    Description
    Objectives

    Construction of a new 28-km section of motorway on the Pan-European Corridor X in FYROM between Demir-Kapija and Smokvica.

    The purpose of the Corridor X project is to improve capacity, traffic safety and travel times on this section of the Pan-European Corridor X. The project is important for the economic development of FYROM and the neighbouring countries and will contribute to EU priority objectives under Article 267 (c).

    Environmental aspects
    Procurement

    The Bank’s services, in co-operation with the European Commission, will take particular care to ensure that proper attention is given to all environmental concerns and appropriate mitigation measures are implemented, in line with the Bank’s relevant guidelines, including issues relating to nature conservation areas.

    The Bank will require the Promoter to ensure that contracts for the implementation of the Project shall be tendered in accordance with the EIB Guidelines and the relevant applicable EU procurement legislation with parallel publication of tender notices in the EU Official Journal.

     

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

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