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Home News Serbia-Bosnia highway project funding being secured

Serbia-Bosnia highway project funding being secured

by Sarah Biswell
August 31, 2019
in News
Reading Time: 1 min read
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The necessary financing package for Serbia’s key highway project is now being secured. The Belgrade to Sarajevo highway is already under construction, with 60km of the link having been built so far. The existing section of the highway connects Obrenovac with Ljig, while work on the southern stretch of the route is due to commence shortly. Serbia has taken loans worth €3 billion for its share of the project, with the Turkish Government and various Turkish banks being directly involved in supporting the works. However Bosnia is finding it more complex to secure the necessary funding, due to its rules on concession projects.

Categories: Finance & Funding

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