News in English     | 22.12.2020. 17:12 |

FBiH Govt. accepts 11.78m euros grant for the Tarčin-Ivan section of Corridor Vc

FENA Press release

SARAJEVO, December 22 (FENA) - The Federation of Bosnia and Herzegovina has accepted a grant intended to finance the Corridor Vc Project "Mediterranean Corridor: Bosnia and Herzegovina Road Interconnection with Croatia, Subsection I Tarčin - Ivan".

At today's session, the Government of the Federation of Bosnia and Herzegovina accepted the grant according to the Grant Agreement concluded in Sarajevo on July 29 this year between BiH and the European Investment Bank (EIB) in the amount of 11,780,000 euros.

The grant funds will be used to implement a project to build an approximately 4.9-kilometer-long new section of the motorway, including two bridges and a rest area in central Bosnia and Herzegovina.

The FBiH Ministry of Finance and the Public Company FBiH Motorways are in charge of the implementation of this decision, each within their own competencies, stated the Public Relations Office of the FBiH Government.

(FENA) S. R.

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