Government of FBiH adopted on the 24th of June indebtedness of the FBiH under the Loan Agreement between the European Bank for Reconstruction and Development (EBRD) and BiH, for implementation of the project Corridor 5C in the amount of 80 million EUR. These funds will be used for the highway subsections: Buna – Pocitelj, Donja Gracanica – Tunnel Peculj (Zenica North) and Tunnel Pecuj – Klopce.
Loan repayment period is eleven years, with four-year grace period. The funds will be transferred to the credit basis to “Highways of FBiH” as the end user and the debtor.
Yesterday was given consent to execute the Subsidiary Agreement between BiH and the FBiH, and for the signature was authorized Minister of Finance of FBiH, as well as for the conclusion and the agreeing of appropriate subcontract between the FBiH and “Highways of FBiH”, as reported by Indikator.ba
(Source: ekapija.ba)