EIB to provide EUR 3.5 billion for development of Western Balkans – Railway connection with Bulgaria to be financed in Serbia
Negre said at the “Vienna Economic Talks – Belgrade Meeting”, organized by the Vienna Economic Forum (VEF) in cooperation with the Serbian Association of Economists (SAE), that the EIB had set aside EUR 40 million for the development of infrastructure in Montenegro, around EUR 70 million in B&H and more than EUR 200 million in Serbia.
– We are planning to provide an additional EUR 2 billion to the Western Balkans in the next three years, on top of the current EUR 1.5 billion. This amounts to EUR 3.5 billion of new investments in the Western Balkans. This is possible since we are a bank which governs itself in line with projects, and whether this is to be realized depends on the preparedness of the projects and their implementation – Negre said.
She reminded that the EIB had already provided help by financing Corridor 10 in Serbia, as well as in Macedonia, Corridor 5c in Bosnia and Herzegovina, the construction of the railway infrastructure in Montenegro...
– This year, we are planning to finance the railway connection of the eastern part of Serbia with Bulgaria – Negre said and added that the plan was for the EIB to also support the construction of the gas connection between Serbia and Bulgaria.
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