76 million euros for the continuation of Corridor Vc construction

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76 million euros for the continuation of Corridor Vc construction

The Council of Ministers of BiH has determined the Draft Loan Agreement for the implementation (Corridor Vc 2 Project - continuation) between Bosnia and Herzegovina and the European Bank for Reconstruction and Development, worth 76 million euros, with a repayment period of 15 years, including a four-year grace period.

The funds are intended for the construction of a highway according to international standards, 5.8 km long on the section between Donja Gračanica and Klopč - Pečuj tunnel, and a highway according to international standards, 10.4 km long on the section between Svilaj and Odžak.

This project represents a continuation of the project on Corridor Vc 2 financed by EBRD loan funds in the amount of 80 million euros.

The Draft Agreement, along with the Basis for its conclusion, will be submitted to the Presidency of BiH, and the Minister of Finance and Treasury has been proposed as the BiH signatory.

 

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