Macedonian Railways - Corridor X


FYR Macedonia

Project number:


Business sector:


Notice type:


Environmental category:


Approval date:

06 Jul 2010



PSD disclosed:

16 Mar 2010

Translated version of this PSD: Macedonian

Project Description

The EBRD is considering providing a €17.6 million sovereign loan to finance track renewal along the Corridor X railways line in FYR Macedonia. This will take the form of the replacement of wooden with concrete sleepers and the supply of new rails where, applicable, along approximately 50 km of track.

Transition Impact

The Project will contribute to transition through the provision of further assistance to the on-going railway restructuring process. This will take the form of ensuring that there is the correct environment for open access, through support for the rail regulator and assisting the MOT with the establishment of a safety function within this entity. The project will also address cost recovery by assisting in defining an appropriate level and structure for the Public Service Obligation (PSO).

The Client

The Client for this project is the Public Enterprise for Railway Infrastructure (‘PERI’), the state-owned enterprise responsible for the provision and maintenance of the railway infrastructure in FYR Macedonia.

EBRD Finance

The EBRD will provide a sovereign loan of EUR €17.6 million. Technical co-operation funds are also being provided (see below).

Project Cost

The total project cost is €19.7 million, with EBRD providing loans of €17.6 million.

Environmental Impact

Categorised B (2008). The environmental and social due diligence, which is currently ongoing, will assess the current status of EHS management systems at PERI as well as identifying and assessing potential environmental impacts and benefits of the project. An Environmental and Social Action Plan (ESAP) will be developed to structure the project to achieve compliance with the relevant Performance Requirements (PRs). On the basis of a site visit already undertaken by the Bank’s Environmental Specialist, the renewal of new track along Corridor X is likely to result in significant environment and safety benefits and limited adverse environmental and social impacts.

Technical Cooperation

The following technical co-operations funds are envisaged as part of this project:

  • Assistance with Project Implementation. €400,000. Funding to be sought from bi-lateral donors
  • Assistance with Sector Restructuring. €400,000. Funding to be sought from bi-lateral donors
  • Feasibility study for Corridor VIII. €500,000. Funding from the Central European Initiative (‘CEI’) has been confirmed.

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

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