March, 2020

This report presents an evaluation of nine infrastructure projects promoting cross-border connectivity, eight in transport and one in energy. It assesses their overall performance, but gives particular emphasis to their intended and observable impact on cross-border connectivity and integration.
The evaluation seeks to establish a broader context for its project-specific work - starting with a brief analysis of the evolution of the Bank’s approach to regional integration, a review of the portfolio of early cross-border projects, as well as of more recent operations after “Integrated” became one of the six transition qualities. The linkages and incorporation of regional integration into selected country and sector strategies are examined, along with how other IFIs approach regional integration and how EBRD collaborates with them.