KOS/ 17.6 MILLION GRANT AGREEMENT SIGNED FOR 2016 CONNECTIVITY AGENDA PROJECT IN KOSOVO
Published on: 04-12-2018
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The second grant agreement for Kosovo under the Connectivity Agenda was signed today by representatives of the European Union, Kosovo, and the European Bank for Reconstruction and Development. The grant has leveraged an overall investment in excess of €42 million and will support the rehabilitation of Rail Route 10 Phase 2, on the Orient/East-Med Corridor.
The €17.6 million EU grant is the second grant approved under the Connectivity Agenda for the rehabilitation of Rail Route 10 on Orient/East-Med Corridor in Kosovo. It complements the grant approved under the 2015 Connectivity Agenda investment package for the rehabilitation of the railway section between Fushë Kosovë/Kosovo Polje and the border with the former Yugoslav Republic of Macedonia, Phase 1, and follows loans of €39.9 million and €42 million made in 2015 by the EBRD and EIB respectively, to finance all three phases of the work.
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