New investments given green light at WBIF 4th Operational Board News | WeBalkans


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New investments given green light at WBIF 4th Operational Board

WBIF Operational Board members gave a positive opinion on 30 June in Oslo, Norway, to 14 new investments flagships in transport, energy, environment, human capital, and private sector support in the Western Balkans, worth, in total €2.1 billion.


The European Commission contributes with €528 million in EU grants from the Instrument for Pre-accession Assistance (IPA III), whilst the rest is provided by bilateral contributions from EU Member States and Norway, loans from international financing institutions, and contributions from the economies of the Western Balkans. In addition, a total of 11 technical assistance grants totalling €11.2 million were green-lighted to prepare project investments.


The endorsement of these new investment and technical assistance grants for public and private blending operations represents a new push towards the implementation of the Economic and Investment Plan for the Western Balkans 2021-2027. A summary of these most recent investments can be found in the updated WBIF Endorsed Flagship Investments booklet 2020-2023.

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Photo credits: WBIF

Source: WBIF

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