EBRD and EU launch preparation facility for road modernisation investments in Bosnia and Herzegovina
Bosnia and Herzegovina, May 13 -- The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a new facility to fast-track the preparation of road projects in Bosnia and Herzegovina, paving the way for major investment in road modernisation.Alongside the ongoing construction of Corridor Vc, Bosnia and Herzegovina's transport network needs further upgrades in the form of new and rehabilitated key road sections. The EBRD and EU will support the country's authorities in preparing and structuring priority investment projects, with a focus on road safety, climate resilience and connectivity, in line with EU standards.The action is backed by a €10 million grant from the EU, which will be used to ide...
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