Rail Joint Border Crossing - Tabanovce

disbursing

Provision of a sovereign loan of up to EUR 5 million to the Republic of North Macedonia (the "Borrower") to finance the Rail Joint Border Crossing ("RJBC") station in Tabanovce (the "Project"), on the border between North Macedonia and Serbia, on rail Corridor X, which is part of the TEN-T Networks extension to the Western Balkans. The loan funds will finance the rehabilitation and upgrade of the existing Tabanovce rail station buildings as well as the construction of additional new facilities including an access road of approximately 900m. The Project will be co-financed by the EU through an investment grant from the Western Balkans Investment Framework ("WBIF").