INFRASTRUCTURE PROJECT FACILITY (IPF5)
This assignment is part of Western Balkan Investment Framework (WBIF) and covers following fields: Energy, Environment, Transport and Social
The Western Balkans Investment Framework (WBIF) was established in 2009 by the European Union (EU), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank (CEB), and Kreditanstalt für Wiederaufbau (KfW). In December 2018, the AFD became participating organisation in the WBIF.
The WBIF provides financing and technical assistance to strategic investments in the energy, environment, social, transport, and digital infrastructure sectors. It also supports private sector development initiatives.
The selected investment projects are implemented by the Infrastructure Projects Facility – Technical Assistance Window (IPF TA) contracts.
The overall objective of IPF5 is to contribute to the improvement of infrastructures in Western Balkan IPA beneficiaries, through implementation of priority investment projects to be financed by a combination of grants and loans in the environment, energy, social, transport and digital sectors, and enhancement of local capacities and their preparation for future utilization of EU structural funds.
CESTRA is partner in IPF5 Consortium which is implementing the Project.
EU’s support to the development of the Western Balkans
The WBIF has allocated €1,047 million in grants to the Western Balkans across all eligible countries so far.
This grant allocation is matched by €5.4 billion in signed loans for total investments estimated at €18.2 billion.
LAST UPDATE: 11.04.2019