|Beneficiary Contribution||Own Contribution||€ 17,588,620|
|Total Grants||€ 30,104,147|
|Total Loans||€ 73,111,571|
The project concerns the upgrade to motorway standards of the existing road between Skopje and Blace, from Stenkovec Interchange (Skopje bypass) to Blace, the border crossing point with Kosovo*. This road is part of the indicative extension of the TEN-T Core Network (Orient/East-Med Corridor) in the Western Balkans, Route 6a, which runs between Ribarevina (Montenegro), Ribarice (Serbia), Pristina and on to Skopje, connecting Routes 4 and 7 with Corridor VIII.
This investment has a vital role in the economic and social development of the north-east region of the country, and facilitates international transport and trade in the region, as it links domestic markets to the Port of Thessaloniki.
The WBIF has provided €2 million in EU grants for project preparation. The WBIF has helped prepare the feasibility study, including the preliminary design and the environmental and social impact assessment for this section. The project benefits from additional grant support, which covers for the detailed design, tender documents and the full environmental and social impact assessment study, including public consultations.
*This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence.