EBRD backs Bosnia’s first PPP
27 April 2012
The European Bank of Reconstruction and Development (EBRD) is to lend financial support to Bosnia and Herzegovina’s first highway PPP.
The bank will provide a €150m sovereign-guaranteed loan for the construction of a part of the new Banja Luka-Doboj motorway.
Through this investment the EBRD will support the tendering of a PPP for the Doboj to Vukosavlje section of Corridor Vc in Republika Srpska - one of the first road PPPs to be developed in the Western Balkans and the main north-south link in Bosnia and Herzegovina.
The loan has a maturity of 15 years and is structured in two equal tranches. The project is supported by technical assistance grants provided by the Bank and Western Balkans Investment Fund.
The EBRD has committed over €1.3bn in various sectors of the country’s economy to date, stimulating additional investment of more than €1.6bn.
