Western Balkans - East Mediterranean Corridor: Port of Bar

Project Description

This project concerns investments in the Port of Bar in Montenegro along two main components: 1) port works (dredging of the port water area; extension of the passenger terminal quay; reconstruction of the port energy power supply system; building a closed port warehouse) and 2) rail works (reconstruction of the railway network inside the port and reconstruction of the rail approach from Bar station to the boundary of the port). 

The WBIF provides technical assistance to develop technical and tender documentation for the project.  

Project Financing

WBIF Grant WB31-MNE-TRA-01 € 1,683,455
National Contribution Own Contribution € 300,000
EIB Loan € 34,511,000
Anticipated WBIF INV Grant External Grant € 32,469,000
Total € 68,963,455
Total Grants € 1,683,455
Total Loans € 34,511,000

Partner Financial Organisations

Western Balkans Partners

Global Gateway