Office for South East Europe European Commission / World Bank

Regional Infrastructure Projects - Status as of May 2003

The attached tables provide an overview of the ongoing regional infrastructure projects which are being monitored by the Infrastructure Steering Group (ISG). The current list comprises some 51 projects, with a total cost of €3.82 billion (see attachment)¹. These 51 projects have financing secured or under preparation with the involvement of bilateral donors or international financial institutions, and were selected according to the agreed criteria of: technical, economical and environmental feasibility; submission by two or more countries of the region; and a marked regional character.

The breakdown of the 51 projects totaling 3.82 bn Euro is as follows:

Albania = 402.04 mn Euro, BiH = 347.50 mn Euro, Bulgaria = 650.00 mn Euro, Croatia = 445.14 mn Euro, FYR Macedonia = 170.40 mn Euro, Romania = 857.94 mn Euro, Serbia and Montenegro 682.05 mn Euro, Kosovo (Serbia and Montenegro) = 55.82 mn Euro, Moldova = 36.70 mn Euro, Regional Projects = 168.88 mn Euro.

The selection of projects by the Infrastructure Steering Group is an ongoing process. There may be projects currently on the list which do not materialize and others which will appear on the list at a later date. Inclusion of new projects on the list will reflect progress made in securing financing for infrastructure projects promoting regional objectives in the transport, energy and environmental sector and meeting the agreed criteria of technical, economical and environmental feasibility.

According to latest reporting by lead agencies, substantial progress has been made in getting projects started. The number of projects expected to have started by the end of June 2003 has more than doubled compared to December 2001 and amounts to 33 projects or €2.75 billion of investments (72% of the total financing). A further 7 projects are expected to start before the end of 2003.

Lead agencies have also submitted 6 new regional infrastructure projects with a total cost of approximately €320 million, covering the road, water and air transport, energy and water sectors. These will be considered for inclusion in the list of regional infrastructure projects at the next meeting of the ISG.

Attachments:

List of Regional Infrastructure Projects (pdf, 141 KB)

Overview of Projects by Sector (pdf, 43 KB)

¹ The list of projects has mainly been established by merging and consolidating the list of Quick Start infrastructure projects agreed at the Regional Funding Conference held in Brussels in March 2000 in support of the Stability Pact, and the list of regional infrastructure projects presented by the Chairman of the Infrastructure Steering Group at the second Regional Conference held in Bucharest in October 2001. Following the ISG meeting of November 21, 2002 five new projects were included on the list (Project numbers: 411014, 413003, 514001, 714009, 721004)