TEN-T network extension in Balkans
In order to extend the pan-European TEN-T network, the European Investment Bank has signed two loans totalling EUR 150 million for the construction of two sections of the corridor VC pan-European road link, connecting Budapest and Eastern Croatia to the Adriatic coast through Bosnia & Herzegovina.
The EUR 100 million loan will finance the construction of a new 21 km long tolled motorway, including a 2.6 km long twin-bore tunnel and ancillary structures between Mostar South and Pocitelj in the south of Bosnia & Herzegovina.
The second, EUR 50 million project will be used for building a new 2.8 km long tolled motorway section, including a 2.4 km long twin-bore tunnel and ancillary structures between Ponirak and Vraca in central Bosnia & Herzegovina. (ben)