First ERI grant to a project in Kosovo*

The European Investment Bank (EIB) supports the preparation and the implementation of the project for the construction of a new 30 km single carriageway motorway between Peja and Kijeve in Kosovo* with a EUR 1 million technical assistance grant under the Bank’s Economic Resilience Initiative (ERI) signed last January 17^th in Pristina. This is the first EIB’s ERI technical assistance grant awarded to a project in Kosovo and the second in the Western Balkans region.

The EIB is backing the construction of the motorway, linking the Kosovo capital Pristina to the border with Montenegro (part of the South East Europe Transport Observatory - SEETO Route 6B), with a EUR 80 million loan, signed last May, the largest ever signed by the bank of the European Union in the country so far. Also thanks to the EIB support, the project will help to improve regional transport integration and to further develop the country’s strategic connections with the neighbouring countries.

The project is also supported by a EUR 3,2m grant for preparatory work under the Western Balkan Investment Framework (WBIF), to which the EUR 1 million technical assistance grant under ERI signed today, is additional.

*This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence.

First ERI grant to a project in Kosovo
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Reference

2019-008-EN

29 May 2018

EIB supports connectivity in Western Balkans

An EIB delegation led by Vice-President Dario Scannapieco, responsible for operations in the Western Balkans, welcomed Kosovo* Finance Minister Bedri Hamza at the EIB’s headquarters in Luxembourg today. On the occasion, a EUR 80 million EIB loan to Kosovo was signed for the construction of a new 30 km single carriageway motorway on Route 6b between Peja and Kijeve.

21 February 2022

EIB will continue to support sustainable development and regional integration of Kosovo*

The European Investment Bank (EIB) delegation led by Vice-President Lilyana Pavlova met with Kosovo’s Minister of Finance, Labour and Transfers Hekuran Murati at the Bank’s headquarters in Luxemburg for talks on sustainable development and regional integration of Kosovo. As a long-standing partner of Kosovo, the EIB is firmly committed to support Kosovo in developing energy, transportation, healthcare and environment sectors of its economy. Delegations reaffirmed their willingness to strengthen the cooperation and maximize the financial and technical assistance available under the European Commission’s Economic and Investment Plan. In line with the EU Green Agenda, the Bank confirmed its readiness to support Kosovo in developing a sustainable decarbonisation plan, with a particular focus on the heating sector. Kosovo will also be able to benefit from new EU branch – EIB Global which was set up to increase hands-on, sector-level support on the ground with team of experts working closely with local partners and EU institutions to deliver high-impact projects.

8 December 2015

Kosovo*: EIB and European Commission support railway modernisation with EUR 82 million of initial funding

More than EUR 80 million has been made available by the EIB and the European Commission (EC) to start the modernisation of 148 kilometres of railways in Kosovo, connecting it to the European network.