Release date: 28 April 2005
Promoter – Financial Intermediary
Ministry of Transport and Communication, Road DirectorateLocation
Description
Construction of a 29 km long 4-lane motorway between Banja Luka, the capital of Republika Srpska, and Corridor X, including a bridge over river Sava.
Objectives
Improvement of national and regional transport links with neighbouring countries, reduction of traffic congestion, alleviation of air and noise pollution on the existing road, and better prospects for the residential, industrial and commercial development in the region.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 65 million.
Total cost (Approximate amount)
Up to EUR 130 million.
Environmental aspects
Designs for the construction of a new motorway will ensure that proper attention is given to all environmental concerns in line with the Bank’s guidelines.
Procurement
Procurement procedures will be on the basis of international competitive bidding in line with the Bank’s guidelines.
Status
Signed - 17/11/2005