|
Title: |
Roads –
sections of corridor Vc |
|
Objective: |
Elimination of
major traffic bottlenecks and improving access on Corridor Vc
passing through Bosnia-Herzegovina |
|
Description: |
(i) 10 km-long, 1x2-lane by-pass
southeast of Sarajevo along road E73 connecting the port of
Ploce, Mostar, Sarajevo and Tuzla.
(ii) replacement of a provisional single-lane wooden-decked
bridge with a 2x1 lane (plus footpaths) bridge made of
pre-stressed concrete elements, at Capljina over the Neretva
river, linking the town to the E73 road |
|
Preparation Status/Timing: |
Finance contract
about to be signed. |
|
Economic/Financial Justification: |
(i) ERR of
18% to 20% (preliminary estimates).
(ii) Least cost solution |
|
Cost: |
(i) EUR 50 M
(ii) EUR 7 M |
|
Financing Plan: |
European Investment Bank concess
loan of EUR 28 M (with EC interest subsidy)
Government of Japan financed the detailed design
Still to be identified grants or concess. loans from European
Commission or bilateral agencies.
Local budgetary sources EUR 6 M. |
|
Borrower/Final Beneficiary: |
Bosnia and Herzegovina, Road
Directorate of the Federation of Bosnia and Herzegovina |
|
Major Sector/Project Issues: |
Tender documents to be
prepared. Implementing Agency is relatively new and demands
close monitoring. |
|
Contact Person: |
European Investment Bank
Luxembourg
Roads Directorate
Ministry of Transport and Communications
Sarajevo, BiH |
