Description

The European Bank for Reconstruction and Development is considering a sovereign loan to BiH of up to EUR 156 million for on-lending to the Federation of Bosnia and Herzegovina (“FBH”) and further to the FBH Motorways. The proceeds of the loan will be used for the construction of four 4-lane motorway sections to international standard as follows: (i) an approximately 7.2 km motorway section between Buna and Pocitelj, and (ii) an approximately 3.9 km motorway section between Donja Gracanica and Zenica Tunnel; (iii) an approximately 5.8 km motorway section between Donja Gracanica and Klopce; and (iv) an approximately 10.4 km motorway section between Svilaj and Odzak. The Project is part of Trans-European Corridor Vc which connects Port of Ploce in Croatia with Budapest and is part of Route 2 of the South-East Europe Transport Observatory’s (SEETO) Comprehensive Network.