EIB to approve new highway loan worth 100 million euros at the end of July!

The European Investment Bank (EIB) will decide on approving a new favorable loan for the continuation of the construction of the highway on Corridor 5C at the end of next month, the BiH news agency Patria (NAP) has learned. Namely, on July 22, the EIB will announce its final stance on the possibility of financing a section of the highway on Corridor 5C, specifically the part from Počitelj to Bijača, with an estimated value of 100 million euros.

This section includes a large bridge near Počitelj, one kilometer long and 91 meters high, NAP has learned.

The powerful European financial institution has already shown preliminary interest in financing the construction of a 21-kilometer section, and a final decision is now expected. These are very favorable loan funds with a grace period and low interest rates.  

The Director of Autoceste FBiH, Ensad Karić, confirmed this information to NAP, stating that he expects a positive outcome.

- The EIB would finance the part from Počitelj to Međugorje, and the European Bank for Reconstruction and Development (EBRD) is already financing a 10-kilometer section, of which five kilometers are already built, up to the border itself, and another five are under construction - Karić told us.  

According to him, this is a very important section that serves as an entrance to BiH from the south.

- On that section from Počitelj, there is also a bridge one kilometer long, and it is by far the largest bridge on the entire corridor and it is the most expensive structure on that section - Karić tells Patria.