The EBRD supports a further modernization of the the former
Yugoslav Republic of Macedonian road infrastructure with a €
107 million sovereign loan to finance the construction of a new
section of the North-South Corridor X. The EBRD loan will be used
to co-finance the construction of a new 28-km motorway segment
between the towns of Demir Kapija and Smokvica in South-Eastern
part of the country. The project will allow Corridor X to achieve
full motorway standard for its entire length in the former Yugoslav
Republic of Macedonia.
In addition, the EBRD funds will finance the construction and
refurbishment of toll stations and installation of the necessary
equipment to introduce Electronic Toll Collections (ETC) in the
former Yugoslav Republic of Macedonia.