en.Wedoany.com Reported - Bosnia and Herzegovina's ageing and fragmented road network is taking a critical step towards a comprehensive upgrade. A "Road Modernisation Action," backed by a €10 million EU grant, has been launched with support from the European Bank for Reconstruction and Development (EBRD) and the European Union, aiming to fund studies, technical documentation, environmental assessments, and procurement preparation for the country's priority road corridors.
The core objective of this Road Modernisation Programme is to help Bosnia and Herzegovina prepare a series of strategically important road projects, making them ready to attract large-scale international financing. International lenders, including the European Investment Bank, the World Bank, and the EBRD, anticipate that these prepared projects will unlock up to €300 million in infrastructure investment in the coming years. The EBRD has already expressed its intention to provide up to €100 million in future loans, directly linked to projects generated by this Road Modernisation Programme. The programme will support the Road Company of the Federation of Bosnia and Herzegovina and the Road Company of the Republika Srpska in identifying priority road sections and advancing them to meet financing conditions, potentially supporting investment preparation covering 800 kilometres of roads in the Federation of BiH and 360 kilometres of roads in the Republika Srpska.
Matteo Patrone, EBRD Vice President for Banking, stated: "This project will help Bosnia and Herzegovina transform priority road sections into bankable projects. By strengthening preparation and prioritisation, we are supporting safer, more resilient roads and building a project pipeline for future investments in both entities." Ambassador Luigi Soreca, Head of the EU Delegation and EU Special Representative, noted: "Through a €10 million EU grant, we will support the preparation of priority road sections, detailed technical documentation, and investments ready for launch. With this Road Modernisation Programme, the European Union reaffirms its long-term commitment to Bosnia and Herzegovina, improving road safety, connectivity, and economic opportunities for citizens across the country through tangible improvements."
The Road Modernisation Programme also places climate resilience and road safety at the core of project development, with future schemes expected to incorporate modern drainage systems, slope stabilisation measures, flood mitigation strategies, as well as safer intersection layouts and guardrail systems.
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