Bosnia & Herzegovina plans to invest some €2.9 billion in
constructing highways by 2017. The plans will be financed by the
1166 European Bank for Reconstruction and Development (EBRD) and the 1054 European Investment Bank (EIB). So far, Federal Bosnia & Herzegovina has
secured €540 million in funding from the EBRD, the EIB and the 1006 Kuwait Fund for Arab Economic Development. This will be used to build 90km of the Corridor VC. Tenders are
due to be called for a total of 12 sub-roads. At the last tender, worth
€75 million, a total of six Croatian companies submitted bids.
