Provision of a sovereign-guaranteed loan of up to EUR 205 million to the Motorways of the Federation of Bosnia and Herzegovina (the “Company” or the “FBHM”) to construct four new key sections of Corridor Vc with a total length of approximately 20.5 km (the “Project”).
The loan is composed of two tranches as follows:
1. Tranche 1 in the amount of up to EUR 145 million to finance the construction of three motorway sections as follows:
i. EUR 50 million to finance the construction of Tunnel Ivan approximately 2 km in length;
ii. EUR 25 million to co-finance with the EIB Tunnel Zenica approximately 2.8 km in length; and
iii. EUR 70 million to co-finance with the EIB the construction of a motorways section from Poprikusa to Nemila, approximately 6.9 km in length.
2. Tranche 2 in the amount of up to EUR 60 million to finance the construction of a motorway section from the Mostar South Interchange to Tunnel Kvanj, approximately 8.7 km in length.
The availability of Tranche 2 will be at the EBRD’s sole discretion and will be subject to compliance with the Banks Environmental and Social Performance Requirements, achievement of implementation and transition milestones to be determined after due diligence.
The Project is a follow on operation to the Bank’s previous projects for the construction of key motorway sections of Corridor Vc in Bosnia and Herzegovina (BiH) which connects Port of Ploce in Croatia with Budapest and is part of the Western Balkans Core Network.
Support of BiH’s economic development and contribution to its regional and European integration by improving connectivity between its main cities and between BiH and neighbouring countries.
ESIA disclosure package
Environmental Impact Assessments: Further information
Non-Technical Summary: Bosnian | English
Stakeholder Engagement Plan (SEP): Bosnian | English
Land Acquisition and Resettlement Plan – Section Tunnel Zenica (2017): Bosnian | English
Supplementary Biodiversity Assessment (July 2017): Bosnian | English
Biodiversity Management Plan (July 2017): Bosnian | English
Environmental and Social Action Plan: Bosnian | English
Full ESIA availability
Full ESIA documentation is available on the Client's website
and locally at:
Motorways of FBiH d.o.o. Sarajevo Office
Dubrovačka 6, 71000 Sarajevo
Motorways of FBiH d.o.o. Mostar
Braće Fejića bb, 88 000 Mostar
City Building Zenica
15th Floor, Tower B Unitic Towers
Fra Andela Zvizdovica 1
71000 Sarajevo, Bosnia and Herzegovina
Enquiries: Environmental or social enquiries:
Attention: Orhan Pasalic
Secretary of the Motorways of FBIH
Motorways of FBiH
Postal Address: Dubrovačka 6, 71000 Sarajevo
Telephone: +387 33 277 900
E-mail address: email@example.com
This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.
Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.
Last updated 25 June 2014