EIB To Loan $138.7M Toward Bosnian Highway Project

Law360, New York (March 7, 2014, 1:45 PM EST) -- The European Investment Bank said on Friday that it will put forth €100 million ($138.7 million) toward a total $291.2 million highway construction project in Bosnia that is expected to boost trade and tourism in the country.

The $291.2 million Pocitelj-Bijaca motorway project will see the construction of a 21-kilometer portion of the Corridor VC motorway that will connect the Croatian coast to Budapest.

According to the project page on the EIB's website, the new motorway is expected to "facilitate trade, develop tourism, promote regional and...
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