Project Notice
|
PNR |
43037 |
Project Name |
Republika Srpska Railways |
Project Detail |
Project Description
Provision of a sovereign loan to Bosnia and Herzegovina ("BiH") in the amount of up to EUR 40 million to be on-lent via the Republika Srpska ("RS") to Republika Srpska Railways ("RSR" or the "client") for the rehabilitation and upgrade of the rail section Samac i Doboj i Rjecica in RS that is part of rail Corridor Vc (the "project").
The project is expected to be jointly co-financed with a loan from the European Investment Bank ("EIB") in the amount of EUR 40 million and an investment grant in the amount of EUR 70 million from the European Union ("EU") under the Western Balkans Investment Framework ("WBIF").
Project Objectives
Improvement of railway infrastructure through track overhaul and signalling modernisation.
Reduction of travel time, accident risk and operations and maintenance costs.
Increase of travel speed and enhancement of reliability and capacity of services. |
Funded By |
European Bank for Reconstruction and Development (EBRD) |
Country |
Bosnia And Herzegovina , Southern Europe |
Project Value |
BAM 150,250,000
|