Western Balkans Trade and Transport Facilitation (WB-P162043)

  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
South Eastern Europe and Balkans
The holder of the loan, grant, or other investment.
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 90.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Apr 18, 2019

Disclosed by Bank Oct 24, 2017

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Project Description

According to bank documents, the project aims to reduce the trade costs and increase transport efficiency in Albania, former Yugoslav Republic of Macedonia, and Serbia. The following are the project components: 

1. Facilitating cross-border movement of goods
2. Enhancing transport efficiency and predictability
3. Enhancing Market Access for Trade in Services and Investments
4. Suporting Project Implementation and Coordination
Investment Description
  • World Bank (WB)
Contact Information


Ministry of Finance and Economy (Albania) Albana Shkurta
Deputy Minister

Ministry of Finance (FYR Macedonia)
Suzana Stoimceva Peneva, State Advisor
Email Address: Suzana.Stoimceva@finance.gov.mk

Ministry of Finance (Serbia)
Nenad Mijailovic, State Secretary
Email Address: kabinet@mfin.gov.rs

Implementing Agencies:

Ministry of Transport, Communications and Information Technologies
Christine Ghalechyan, Acting Director, Transport PIO State Institution
Email Address: christine.ghalechyan@tpio.am

Ministry of Construction, Transport and Infrastructure (Serbia)
Miodrag Poledica, Deputy Minister of Transport
Email Address: miodrag.poledica@mgsi.gov.rs

Ministry of Infrastructure and Energy (Albania)
Damian Gjiknuri, Minister of Infrastructure and Energy
Email Address: Damian.Gjiknuri@infrastructura.gov.al

Ministry of Trade, Tourism and Telecommunications (Serbia)
Stevan Nikcevic, State Secretary
Email Address: stevan.nikcevic@mtt.gov.rs

Ministry of Transport and Communication (FYR Macedonia)
Mitko Trajculeski, Chief of Cabinet
Email Address: mitko.trajculeski@mtc.gov.mk

Ministry of Finance and Economy (Albania)
Albana Shkurta, Deputy Minister of Economy
Email Address: Albana.Shkurta@financa.gov.al


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