Corridor Vc motorway, Bosnia-Herzegovina - EBRD AGM Issue Paper

In 2008 the EBRD signed a loan for EUR 180 million for several sections of the planned 330 km long Corridor Vc motorway in Bosnia-Herzegovina. Communities living along the route are concerned about the expected negative effects on or even the destruction of valuable arable land. Furthermore another problem lies in the motorways routing through or nearby tentative UNESCO World Heritage sites, two planned national parks and other ecologically valuable terrain.

Although not all these issues fall within the sections to be financed by the EBRD, both the EBRD and the EIB (as another potential sponsor) should nevertheless take responsibility for a socially and environmentally acceptable conduct of the project as a whole.