MAC/ SIGNATURE OF THE 2017 CONNECTIVITY AGENDA GRANT FOR THE REPUBLIC OF MACEDONIA
Published on: 14-12-2018
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The €70 million EU grant provided through the WBIF has leveraged an overall investment in excess of €152 million and will support the rehabilitation of approximately 34 km of railway network on the Beljakovce –Kriva Palanka section of the railway Corridor VIII, part of the Orient/East-Med Corridor, in the country. The new developments represent the second phase of the project for the rehabilitation of the eastern part of Corridor VIII, the 89 km-long rail section between Kumanovo and the border with Bulgaria.
The grant follows sovereign loans of €46.4 million and €145 million provided by the EBRD and builds on previous WBIF technical cooperation grant support of €5.7 million for project preparation and implementation.
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