In the video of the European Bank for Reconstruction and Development (EBRD), the completed section of motorway A1 on Corridor 5C is presented, as well as the significance of this modern road for BiH as well as the region as a whole.
Interactive video leads visitor to the Zenica section, or to one of the highway lines that will carry one of the most demanding parts of the highway.
“This road is the largest infrastructure project in the country’s history. So far, there should be28 tunnels and 108 bridges, and in the coming years they will be built more. The road to the sea from Sarajevo, which today lasts for 3.5 hours, should take only two hours once the road is over,” says the presentation guide.
At the Bank’s Annual Meeting in Sarajevo, the EBRD’s Board Governors who represent the EBRD’s 69 shareholders, backed a programme of work that will form the basis of the EBRD’s strategy for the five years to 2025 which has be approved at the 2020 Annual Meeting in London.
Under that plan of work, the EBRD will reaffirm its “strong commitment to current countries of operations with the objective to enhance activity in order to maximize transition in these countries consistent with their evolving transition needs”.
The EBRD will also prepare for engagement with potential new countries of operations in the Southern and Eastern Mediterranean region, where it has been investing since 2012.
In Bosnia and Herzegovina, the economy has continued to be resilient to a slow-down of reforms and continued political uncertainty. In 2018, GDP grew by 3.1 per cent. The economy is expected to continue growing at 3.0 per cent in 2019 and 2020.
The Bank invested over €9.5 billion a year over the last two years and is aiming to top the €10 billion marker for the first time in 2019, with further increases seen in the following years.