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EBRD Financing for the former Yugoslav Republic of Macedonian Road Infrastructures’ modernization

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.


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