The European Commission yesterday announced the sixth investment package under the European Union (EU) Economic and Investment Plan for the Western Balkans, expected to mobilize 1.2 billion euros in investments.
The package will provide support for eight new leading investments in the areas of water supply and sewage, wastewater treatment, railway transport, and the innovation and green transformation of small and medium-sized enterprises. The investments will be realized in close cooperation with partners from the Western Balkans and international financial institutions, according to the EU Delegation in Bosnia and Herzegovina (BiH).
“Our 30 billion euro investment plan for the Western Balkans is progressing with this new 1.2 billion euro package. Quality infrastructure strengthens regional ties and brings us closer together, which is our ultimate goal. Our Western Balkan partners are building their European future. These investments, along with necessary reforms and access to our single market, will prepare the economies of our partners for joining our Union,” said European Commission President Ursula von der Leyen.
The package was adopted by the Operational Board of the Western Balkans Investment Framework (WBIF) during a meeting from July 1st to July 2nd.
As part of the Global Gateway initiative, the EU Economic and Investment Plan for the Western Balkans (2021-2027) aims to stimulate long-term recovery, accelerate the green and digital transition, and foster regional cooperation and convergence with the EU.
