Kosovo launches overhaul of Fushe Kosove-Mitrovica railway - EBRD

The works concern the refurbishment of 35 kilometres of track and the upgrade of five railway stations, in line with Trans-European Transport Network (TEN-T) standards, the EBRD said in a press release on Monday.

The construction of the Fushe Kosova - Mitrovica rail section is valued at 48 million euro ($50.9 million), local news agency Kosova Press reported on Monday.

The EBRD noted it has provided a 40 million euro loan to Infrakos for the project to rehabilitate a 149-kilometre railway which will connect Kosovo to Serbia to the north and North Macedonia to the south. The investment is also being financed with a 42 million euro loan from the European Investment Bank and an EU investment grant of about 83 million euro through the Western Balkans Investment Framework (WBIF), the EBRD said.

($ = 0.942347 euro)