Representatives of the Sarajevo Canton Assembly gave the green light for additional borrowing based on the amended loan agreement between Bosnia and Herzegovina and the European Bank for Reconstruction and Development (EBRD), which opened the way for the continuation of the “Ilidža – Hrasnica Tramway” project.
The Proposal for a Decision on Acceptance of Additional Indebtedness Based on Agreement No. 1 on the Amendment to the Loan Agreement dated February 1, 2023 between Bosnia and Herzegovina and the European Bank for Reconstruction and Development (EBRD) was adopted.
This amendment enables additional financing of the implementation of the tram infrastructure modernization project in the amount of five million euros, all with the aim of improving public transport, increasing the capacity and safety of city traffic, and improving the quality of life of the citizens of the Sarajevo Canton, according to the Sarajevo Canton.
This loan amount is taken for 15 years, with a grace period of three years. With this decision, the KS Assembly gives consent to the competent authorities to accept additional responsibility and undertake all necessary legal and administrative actions in connection with the realization of this project.
At yesterday’s session of the KS Assembly, the Proposal for a Decision on granting consent to the Construction Institute and the Ministry of Transport of the Sarajevo Canton for the conclusion of the Agreement on the purchase and sale of a temporary building for demolition on the route of the Ilidža – Hrasnica railway line was previously considered and adopted. The building is located at Harisa Merzića street number 38.
The decision enables the competent authorities to conclude a sales contract and undertake all necessary legal and administrative actions in connection with the transferred ownership of the building, which will be removed as part of the implementation of the construction project of this tram line. By removing the building, space will be created for the unimpeded continuation of the construction of the tram infrastructure, in accordance with the previously adopted Relocation Plan for users of the affected buildings, which foresees relocation and compensation measures.
The assembly session was interrupted during the discussion on the Proposal for the decision on accepting additional debt based on Agreement No. 1 on the Amendment to the Loan Agreement concluded on April 12, 2022 between Bosnia and Herzegovina and the European Bank for Reconstruction and Development (EBRD) for the implementation of the “Public Transport Sarajevo e-Mobility” project.
