Kuwait Fund to help finance Koridor 5C motorway project in Bosnia

The Kuwait Fund For Economic Development has agreed to help finance construction of the Koridor 5C motorway in Bosnia. The funds will go toward the development of Nemila-Donja Gracanica section, which covers 17.7 km. The loan agreement, signed between the Bosnian government and the Kuwait Fund, is for a period of 20 years. The project is expected to cost €34m. The Kuwait Fund has been investing in infrastructure projects in Bosnia since 1997.