€123 million in EU grants and €190.5 million in EBRD loans to foster connectivity and regional integration
The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and bilateral donors are further improving the transport connections in the Western Balkans that are crucial to the development of competitive, green and integrated economies in the region.
The EU is committing €123 million for major railways improvements in Albania, FYR Macedonia and Kosovo. These funds and the additional investments by the EBRD and other partners are expected to boost trade significantly both with the EU and within the region. At the same time, they will have a tangible positive impact on people’s lives through shorter journeys and increased rail safety.