SARAJEVO, January 5 (FENA) - Deputy Chairman of the Council of Ministers of BiH and Minister of Treasury Vjekoslav Bevanda and director of the Office of the European Bank for Reconstruction and Development (EBRD) Ian Brown signed in Sarajevo today an Agreement on a loan guarantee worth 70 million euros for building of section of motorway and two loops on Corridor Vc.
They also signed Agreement on consent for increasing the loan worth ten million euros for financing construction of Prnjavor – Doboj section.
"Aim of the agreement, which refers to financing building of Prnjavor – Doboj section on motorway Banja Luka - Doboj, is building 36.6 kilometers of motorway and 22.6 kilometers of local roads," stated Bevanda after the signing.
Regarding the Agreement on guarantee for building the section of motorway and two loops on Corridor Vc, Bevanda said that this will secure continuity of building of network of motorways.
Brown emphasized that signing of the agreements shows that increase of excise duty on fuel leads to a new cycle of investments in transport sector.
"200 million euros is already planned for this year," emphasized Brown.
EBRD approved a loan to Public Company Motorways of RS with a guarantee of BiH and sub-guarantee of RS. Payment deadline is 15 years, including three years of grace period.
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