Corridor Vc in FBH - Part 3

Location:

Bosnia and Herzegovina

Project number:

49058

Business sector:

Transport

Notice type:

Public

ESIA disclosed:

21 Jul 2017

Status:

Signed

Target board date:

05 Sep 2018

Project description

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.

Project objective

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: BosnianEnglish
 
Stakeholder Engagement Plan (SEP): BosnianEnglish
 
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: BosnianEnglish

Land Acquisition and Resettlement Framework: Bosnian | English

Client siteBosnian | English

Full ESIA availability

Full ESIA documentation is available on the Client's website
http://www.jpautoceste.ba/en/20130312676/corridor-vc-the-part-of-pan-european-network-of-transport-corridors
http://jpautoceste.ba/20130805656/zatita-okolia

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 

And

EBRD, BiH
15th Floor, Tower B Unitic Towers
Fra Andela Zvizdovica 1
71000 Sarajevo, Bosnia and Herzegovina
Enquiries: Environmental or social enquiries:

Ermin Hadzimehmedagic
Head of Documentation Unit
Motorways of FBiH
Postal Address: Dubrovačka 6, 71000 Sarajevo
Telephone: +387 33 277 900
E-mail address: info@jpautoceste.ba
www.jpautoceste.ba

General 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: info@jpautoceste.ba
www.jpautoceste.ba

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