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    Reference: 20080045
    Release date: 20 February 2008

    Promoter – Financial Intermediary

    Ministry of Transport and Communication of the Federation of Bosnia and Herzegovina

    Location

    Description

    The project concerns the construction of two motorway sections on Corridor Vc :

    • Vlakovo - Tarcin, South of Sarajevo, in a length of 19 km
    • Svilaj - Odzak, in a length of 9 km, at the Northern border with Croatia, including a bridge across the Sava river, the border between BiH and Croatia

    Objectives

    The project will significantly increase accessibility and reduce travel times, thereby contributing to a balanced economic development of the regions concerned. Current average speeds on existing road are estimated at some 50 km/h and these should rise to 120 km/h with the new infrastructure. Commuting among main cities and towns along the corridor will be much faster and more comfortable.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 166 million

    Total cost (Approximate amount)

    About EUR 340 million

    Environmental aspects

    This type of project (construction of a motorway) falls under Annex I of EU Directive 85/337/EEC as amended by Directive 97/11/EC and thus requires a full EIA.

    Procurement

    The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement and applicable EU rules.

    Status

    Signed - 22/08/2012

    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).

    Related tags

    Bosnia and Herzegovina Transport