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September 5, 2008
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Bank funds bridge and road schemes in Bosnia
Published:  December 06, 2004

The European Bank for Reconstruction & Development is lending Bosnia & Herzegovina US$94 million to improve road transport. Part of the money will be used to build a bridge over the River Sava and create a new border crossing between Bosnia & Hersegovina and Croatia. The financing will also be used to build a bypass around Sarajevo which will form an integral part of a pan-European corridor as well as reducing congestion around the city. A third portion of the loan will be used for a motorway from Banja Luka to Gradiska.