BUSINESS

Where does BiH intend to spend 173 Million EUR?

VEÈERAS OTVARANJE DIONICE AUTOCESTE NA SARAJEVSKOJ ZAOBILAZNICIBosnia and Herzegovina submitted a request for financing to the World Bank – the International Bank for Reconstruction and Development, the European Investment Bank and the European Bank for Reconstruction and Development, for the purpose of settling the costs of the Program of modernization of roads in the FBiH.

This program includes improvement of the network (repair of roads, bridges and tunnels), interventions in the field of road security, as well as measurements for improvement of overall management of main roads.

The program is worth 173 million EUR and the financing scheme is as follows: the World Bank – IBRD should provide 58 million EUR, EIB 50 million EUR and EBRD 65 million EUR.

(Source: ekapija.ba)

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