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- Corridor Vc Motorway Project Section Nemila-Donja Gracanica (Zenica North) (Supplementary Loan)
Corridor Vc Motorway Project Section Nemila-Donja Gracanica (Zenica North) (Supplementary Loan)
Bosnia-Herzegovina
| Borrower | Bosnia-Herzegovina |
| Financing Type | Public Sector |
| Instrument | Project Loan |
| Focus Area | Transportation |
| Approved | 15.12.2021 |
| Signed | 23.11.2023 |
| Status | Ongoing |
| Loan Administrator | OPEC Fund |
| Executing Agency | JP Autoceste |
| Co-financiers | KFAED, EBRD, EIB, GoBiH |
| OPEC Fund Contribution (US$m) | 29.05 |
| Total Project Cost (US$m) | 285.06 |
To improve travel connections for some 150,000 people in the city of Zenica, the country’s most important center for mining and steel production. This loan will finance a 17.6-km road section including roads, tunnels and viaducts. Corridor Vc will improve the connectivity of Bosnia and Herzegovina with its neighbors and the Western Balkans region. Reduced travel times are expected to boost trade and tourism, strengthening the local economy.