News 24 Dec 12

EU Grants Macedonia €50m for Infrastructure

Transport Minister Mile Janakieski said Macedonia will invest EU's €50m, from Instrument for Pre-Accession Assistance, IPA, funds in railway and road infrastructure by 2017.

Sinisa Jakov Marusic

Photo by: Sinisa Jakov Marusic

Macedonia says that the priority will be given to the construction of the railway line leading to Albania.

The minister said that the European Union had already announced the call for a project and tendering documentation for the construction of a new railway section from Kicevo to the Albanian border as part of the pan-European transport Corridor 8.

Macedonia also plans to use the money to construct the unfinished railway line leading towards Bulgaria as well as to reconstruct several existing sections of pan-European corridor 10 that links the country to Serbia to the north and to Greece to the south.

Regarding road infrastructure, overhaul of the sections along Corridor 10, as well as an action plan for improvement of road safety at Corridors 8 and 10, are planned.

In a bid to improve its battered railroad, earlier this year the EBRD agreed to lend up to €50 million to Macedonian Railways Transport, MRT, to invest in new rolling stock and make its activities more energy efficient.

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