Skopje, 18th February 2015 (MIA) – Completely new road from Rankovce to Kriva Palanka will be built with World Bank funds. The Government is already negotiating with this international financial institution and the project is expected to be approved in autumn.

This was pointed out by Deputy Prime Minister and Minister of Finance, Zoran Stavreski, at the occasion of the 93rd anniversary of the Chamber of Commerce of Macedonia.

– Corridors 8 and 10 are our priority. The novelty is that the Government is holding advanced negotiations with the World Bank about the financing of Corridor 8 section from Rankovce towards the border with Bulgaria.  We expect for the World Bank to approve this project in autumn, so that a completely new road from Rankovce to Kriva Palanka will be finance in the first phase, followed by reconstruction of the road from Kriva Palanka to the border with Bulgaria in the second phase, and intensification of the construction of the railroad tracks towards Bulgaria, Stavreski underlined.   

He also said that the project documentation for the railroad trucks from Kicevo towards Lin in Albania is in the process of preparation, while the financing of this project is discussed with the European institutions, in particular with the European Bank for Reconstruction and Development and the European Investment Bank.

Also available in: Macedonian

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