EBRD Considers Loan for Bosnian Highway Project

Bosnia-Herzegovina could receive a €70 million ($99.7 million) loan from the European Bank for Reconstruction and Development for a project to build a 76-kilometer highway between the cities of Banja Luka and Doboj.

If approved by the EBRD board, the loan will be channeled through the state-owned Republika Srpska Motorways, Bloomberg reports.

The project is estimated to cost a total of €185 million.

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    Eliza Villarino

    Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.