A consultant consortium led by Mott MacDonald and including WYG and Atkins has been awarded a contract by the European Commission to help strengthen essential infrastructure development across the Western Balkans.
The consortium will provide technical assistance as part of the Infrastructure Projects’ Facility (IPF) of the Western Balkans Investment Framework (WBIF). The IPF prepares priority infrastructure projects in Albania, Bosnia and Herzegovina, Croatia, the former Yugoslav Republic of Macedonia, Montenegro, Serbia, and Kosovo. The WBIF also includes a special support programme for Iceland.
Launched in December 2009, the WBIF pools financial resources from the European Commission, International Financial Institutions (IFIs), and bi-lateral donors to finance projects that are key to socio-economic development in the Western Balkans. The IPF assists with the preparation of infrastructure projects as part of the lending process of the IFIs, and EU grants.
Since 2009 almost £5bn in loans and grants have been made as part of the WBIF programme for essential infrastructure development in the region across four target sectors – transport, energy, environment and social infrastructure. Projects that have received funding so far include: £49M for a 400kV upgrade to the power transmission system in Serbia; £80M to improve regional roads in Albania; and £56M to establish renewable energy generation in the former Yugoslav Republic of Macedonia.