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- Sarajevo Bypass Project
Sarajevo Bypass Project
Bosnia-Herzegovina
Borrower | Bosnia-Herzegovina |
Financing Type | Public Sector |
Instrument | Blend Facility |
Focus Area | Transportation |
Approved | 21.09.2004 |
Signed | 21.04.2005 |
Status | Completed |
Loan Administrator | OPEC Fund |
Executing Agency | Federal Ministry of Transport and Communication |
Co-financiers | EIB, EBRD, Government |
OPEC Fund Contribution (US$m) | 18.00 |
Total Project Cost (US$m) | 120.89 |
The objective of this project is to construct a 10 km-long bypass road around Sarajevo along with a 4.5 km link road that will connect the bypass with the city. The new road will help eliminate traffic congestion in the capital and provide an integral link to the Pan- European Corridor, which runs from Hungary, through Bosnia and Herzegovina, to the Croatian port of Ploce.
The diversion of much of the existing traffic will also enable the population to enjoy improved access to the greater Sarajevo region, reduce the number of accidents and alleviate air pollution and noise.