Rhine-Danube Corridor: Removal of Sunken WWII German Vessels from the Danube, Prahovo Sector

Rhine-Danube Corridor: Removal of Sunken WWII German Vessels from the Danube, Prahovo Sector

Project Description

The Danube is navigable throughout Serbia (588 km). However, the fairway narrows significantly at the Djerdap gorge, downstream from the Port of Prahovo, due to the presence of shipwrecks sunk at the end of World War II.

Through this investment project, 21 shipwrecks will be removed from the Danube, eliminating the current 5 km-long traffic bottleneck. This will facilitate the shift from road to waterway transport, support economic growth, enhance connectivity both in the region and with the EU, and strengthen regional cooperation.

The EU co-funds the project under Flagship 1 - Connecting East to West - of the Economic and Investment Plan for the Western Balkans through the WBIF.

Project Financing

WBIF Grant WB-IG06E-SRB-TRA-02 € 16,432,624
EIB Loan € 13,250,000
Total € 29,682,624
Total Grants € 16,432,624
Total Loans € 13,250,000

Partner Financial Organisations

Western Balkans Partners