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Upgrade of Iron Gate 2 Navigation Lock
Details
Location:Serbia
Category:Works
Status:Awarded
Sectors:Civil Engineering
Contracting authority: Ministry of Construction, Transport and Infrastructure in Serbia
Description
Reference number: EIB-GtP/404-02-137/2020-06
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tender Background
About the Funding Agency
The European Investment Bank (EIB) is the lending arm of the European Union. The EIB is the biggest multilateral financial institution in the world and one of the largest providers of climate finance.
The EIB works closely with other EU institutions to foster European integration, promote the development of the EU and support EU policies in over 160 countries around the world.
Through EIB Global, set up in 2022 to increase the impact of our development finance, the EIB helps address global challenges and creates growth and opportunity on all continents.
About the Sectors
Civil Engineering
Encompasses the planning, design, construction, and maintenance of the physical and naturally built environment and public works within the built environment.
Key areas:
- Designing and constructing resilient infrastructure
- Rehabilitating and maintaining the existing built environment
- Upkeep and modernization of transportation and public infrastructure
Locations
Serbia
Serbia focuses on highway corridors, rail modernization, energy projects, and industrial infrastructure to enhance regional trade integration. Financing combines national budgets, foreign direct investment, and multilateral development support. Infrastructure development strengthens connectivity within the Western Balkans and along major European transport corridors. Governance reforms, fiscal sustainability, and energy diversification remain key considerations.
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