“Bosnia has signed a European loan agreement worth €750 million for several sections of work on the Corridor 5V motorway project.

Denis Zvizdic, head of government for Bosnia and Herzegovina, said the deal was signed in London during a recent investment conference on the western Balkans.

Of the loan amount, the Federation of Bosnia and Herzegovina will get €500 million and the internal but autonomous Republika Srpska will receive €250 million.

The money will be used for constructing four 70km sections of Corridor 5C that runs from Kiev in the Ukraine to Slovakia and Hungary and on through Bosnia to Croatia’s Adriatic coast. The longest single-country stretch lies in Bosnia and Herzegovina, covering 337km.” (World Highways)

Leave a Comment

Your email address will not be published. Required fields are marked *