IBRD Loan: US$ 20 million
TERMS: Grace Period = 5 years; Maturity = 17 years
PROJECT OBJECTIVE: The objective of the project is to facilitate the movement of trade between Macedonia and neighboring countries in South East Europe, through the removal of selected border-zone bottlenecks, and improving the efficiency and quality o f road and rail services along Trans-European Transport corridor X in FYR Macedonia. This corridor forms the backbone o f Western Balkans transport infrastructure, connecting Bosnia-Herzegovina, Croatia, FYR Macedonia, Kosovo and Serbia with Western Europe, Greece, Turkey and Central Asia.
