Bosnia and Herzegovina Regional Railway Project

complete

The proposed project will comprise a programme of track renewal on key sections of the north-south corridor Vc and the east-west section, which runs parallel to Corridor X, together with rehabilitation of the station signalling system and purchase of track machinery. The project will also support the restructuring of the railways in BiH, through the separation of infrastructure from operations and joint financing with European Investment Bank of these important regional rail links. The project will facilitate transition in the following ways: The Client will be the Government of Bosnia and Herzegovina. The implementing agency will be Bosnia and Herzegovina Railways Public Corporation (BHRPC) on behalf of ZBH and ZRS. EURO 70 million Sovereign Loan to Bosnia and Herzegovina. EURO 194 million. The project is classified B/1. The project is likely to improve the safety and environmental standards as well as improve operation and maintenance of the railway systems. The existing facilities will need to undergo an Environmental Analysis and Audit to identify and assess the current environmental, health and safety conditions and the likely impact of measures proposed under this project. The due diligence will need to review the status of the implementation of existing Environmental Action Plans and define measures for supporting the introduction of the modern environmental management in these two railway companies. Technical co-operation funds are being sought for assistance for detailed design, procurement and railway restructuring.