EIB, EU agree €204m loan for Bosnia and Herzegovina road project
The European Investment Bank and the European Union have agreed financing worth €204 million to develop a modern highway network along the Bosnian section of the pan-European Corridor Vc, a key road connection between Hungary, Eastern Croatia and the port of Ploče at the Adriatic Sea.
The funding includes a €140 million investment from the EIB and a grant worth more than €64 million from the European Union.
The project includes the construction of a 12.4km highway infrastructure with four viaducts, two twin-tube tunnels, three bridges, one railway overpass, one road interchange, and an operation and traffic control centre. This will extend the existing highway network along the Corridor Vc with two new road sections, Tarčin-Ivan, located in the Canton of Sarajevo, and Poprikuše-Nemila in the Canton of Zenica-Doboj.
