Short description of the overall project

The Trans-Balkan Corridor is a significant project for the European Union and the region because it connects transmission systems and markets of Romania, Serbia, Bosnia and Herzegovina, Montenegro and Italy, as a submarine cable runs below the Adriatic Sea.

Total investment in the construction of the part of the corridor in Serbia is estimated at EUR 157 million while the total length is 321 kilometers. So far, section 1 from Pančevo to the Romanian city of Reșița has been completed, and section 2 from Kragujevac to Kraljevo is under construction.

Investment in section 3 of the Trans-Balkan Corridor amounts to EUR 58.95 million

Short description of activities financed by the donation

Corridor, which is 109 kilometers long. The funds were secured through a EUR 40 million loan from KfW and a grant from the Western Balkans Investment Framework (WBIF) of EUR 12.8 million, while the remaining EUR 6.15 million came through WBIF technical assistance and from EMS’s own funds.