Republika Srpska Roads Program (WB-P168818)

Countries
  • Bosnia and Herzegovina
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
U
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.
Voting Date
Dec 27, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Bosnia and Herzegovina
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 56.14 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)
$ 552.30 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 Jul 6, 2019

Disclosed by Bank Jun 27, 2019


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Project Description

According to the Bank's website, this project finances the network maintenance, rehabilitation and incremental improvement of the road network in Bosnia and Herzegovina. The project area consists of 4100km of road, 702 bridges and 105 tunnels throughout the country. 

The project aims to improve operational and financial sustainability of the road sector, improve mobility and accessibility around the country, improve network resilience and improve road safety. 

The website references an Envrionmental and Social Risks and Impacts Concept Stage Document, but it is not available online. 

Investment Description
  • World Bank (WB)
Contact Information

Implementing Agency : Republika Srpska Ministry of Transport and Communications. Contact : Natasha Kostic. Title : Assistant Minister. Telephone No : 0038751339384. Email : n.kostic@msv.vladars.net

Implementing Agency : Republika Srpska Roads Agency. Contact : Vedran Pjanic. Title : Director Infrastructure. Telephone No : 0038751334528. Email : vpjanic@putevirs.com

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.