OPEC Fund to finance €47.6m of Corridor 5C in Bosnia

OPEC Fund to finance €47.6m of Corridor 5C in Bosnia

Published at: 2018-09-03 11:29 | Author: CIJ Serbia
The OPEC Fund for International Development has agreed to finance the construction of a 17.7 km section of Corridor 5C between Nemila and Donja Gracanica in Bosnia. The project, valued at €47.6m, will also include three subsections of the roadway: Nemila-Vranduk, Vranduk-Ponirak and Ponirak-Donja Gracanica. The agreement was signed between Vjekoslav Bevanda, Bosnia’s minister of finance and treasury, and Suleiman Jasir Al-Herbish, general manager of the OPEC Fund. The repayment term is 20 years with a five-year grace period.

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