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The OPEC Fund
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  2. Corridor Vc Motorway Project Section Nemila-Donja Gracanica (Zenica North) (Supplementary Loan)

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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
Status Ongoing
Loan Administrator OPEC Fund
Executing Agency JP Autoceste
Co-financiers KFAED, EBRD, EIB, GoBiH
OPEC Fund Contribution (US$m) 26.34
Total Project Cost (US$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. 
 

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