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Rehabilitation of some 100 bridges in Serbia and interventions in the backlog maintenance on the main and regional roads and tunnels in Montenegro.
Through the proposed loan the Bank would provide continued support to the transport sector and contribute to the rehabilitation of the county’s road network with the objective to facilitate trade, industry and tourism development.
In view of the nature of the operation the environmental impacts are anticipated to be minor. The road rehabilitation and upgrading works are not expected to generate any adverse impact on the environment. The Bank will ensure that components to be supported do not affect any sensitive areas, or have any other significant impact, and that appropriate mitigation measures are implemented wherever necessary.
Procurement procedures will be on the basis of international competitive bidding with tender publication in the Official Journal of the European Union, in line with the Bank’s guidelines.