Total amount of EU grants for Corridor Vc reached over
€220 million
Corridor Vc to link Bosnia and Herzegovina with other European transport routes
The European Union (EU) is stepping up its support for Corridor Vc, the key transport infrastructure project in Bosnia and Herzegovina, with additional grant funding of €14.6 million.
The funds will be used to finance the supervision of works contracts on five motorway sections that are financed with loans provided by the European Bank for Reconstruction and Development (EBRD) and the grant funding will reimburse the supervision costs incurred by two motorway companies to date.
Corridor Vc is a pan-European transport project reconnecting the continent. The section in Bosnia and Herzegovina is 325 kilometres long and will cross the country from north to south, eventually connecting the Adriatic port of Ploče in Croatia with the Hungarian capital, Budapest.