Western Balkans Trade and Transport Facilitation (WB-P162043)

Regions
  • 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
Proposed
Bank Risk Rating
B
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.
Borrower
South Eastern Europe and Balkans
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
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

Borrower/Client:

Ministry of Finance and Economy (Albania) Albana Shkurta
Deputy Minister
albana.shkurta@financa.gov.al

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

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.