Secured money for Corridor Vc

Matea Uhlik Vidović, 23.08.2016.
 
The Council of Ministers adopted the Public Investment Programme of Bosnia and Herzegovina for the period 2017 - 2019. More individual initiative of the Ministry of Finance and Treasury have been accepted in order to conclude two agreements and three contracts which provide financial resources for the construction of several sections / sub-section of the Corridor Vc in the length of about 30 kilometers.

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Fig.1 Corridor Vc through Bosnia and Herzegovina

301 million euros for 5 sections
These initiatives will conclude the Agreement on financing between Bosnia and Herzegovina and the European Investment Bank for the Corridor Vc - tunnel Kvanj - Buna, worth 100 million euros. A loan Agreement between OFID - OPEC Fund for International Development and Bosnia and Herzegovina for the Project "Corridor Vc - subsection Vranduk - Zenica tunnel" has also been finalized, worth 49 million; Loan Agreement between Bosnia and Herzegovina and Kuwait Fund for Arab Economic Development, which will finance the construction of the Corridor Vc, section Nemila - Donja Gracanica, subsection Nemila - Vranduk, worth 36 million; Agreement on financing between Bosnia and Herzegovina and the European Investment Bank Corridor - Zenica tunnel, worth 76 million; and the Loan Agreement (the Project Corridor Vc-Svilaj-Odžak-Phase II) between Bosnia and Herzegovina and the European Bank for Reconstruction and Development, worth 40 million euros.