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New contract to support growth in the Western Balkans through better infrastructure

Photo: COWI

​With four years of successful experience already in boosting infrastructure investments in the Western Balkan region, the COWI-led consortium can now look forward to continuing the work for another three years in a European Investment Bank managed Infrastructure Project Facility, IPF. A strong proposal secured a convincing win for the COWI Consortium.

​Since 2010, COWI has taken part in a major overhaul of infrastructure in the Western Balkan countries. This contract was completed in June 2014, and the European Investment Bank has now chosen the COWI-led consortium to continue the infrastructure preparation assistance until 2017.

Rebuilding Western Balkan

"Infrastructure investments in the Western Balkan countries will over the longer term help rebuild the countries and secure growth, and furthermore as investments are prepared according to European Commission standards, the projects also contributes to the countries’ approximation to the European Union", says senior market director, Claus Hvashøj Jørgensen.

Specific investment projects already supported comprise a variety of services such as for example railway track rehabilitation in Bosnia, wastewater treatment and flood protection in Albania, natural gas pipelines connecting the countries, and hospitals in Macedonia just to mention four examples.

Boosting investments in infrastructure

The project is part of the Western Balkans Infrastructure Framework, (WBIF), which aims at boosting investments in transport, energy, environment and social infrastructure. The IPF contracts make technical assistance available to the countries to prepare investment projects ready for implementation in the four sectors. The technical assistance we provide is tailored to the specific needs of each individual investment project and can support any stage of the investment project cycle from pre-feasibility studies over design support to procurement and supervision assistance.

Major strategic win

The new contract is a major strategic win confirming the strength of COWI’s 360 degrees infrastructure consultancy and the strength of our consortium partners WYG, ATKINS, SAFEGE, SU-YAPI and TRADEMCO. Senior Market Director Claus Hvashøj Jørgensen points to the fact that the focus areas of the IPF project coincides with COWI's major service lines which provides great potential for reinforcing our position in the region.

"We start out now with a deep insight into the conditions, policies and priorities of the various stakeholders and with the strong experience of collaborating with an extensive network of highly qualified experts in the region. The new contract allows us to continue our cooperation with these important investors and stakeholders", says Mr. Hvashøj Jørgensen.

 

By Tina Grønholdt Hansen
Publihed 04.09.2014

Facts about Western Balkan Infrastructure Framework

  • ​Western Balkan Infrastructure Framework focuses on helping development in the Western Balkans – Albania, Bosnia and Herzegovina, Croatia, Kosovo, the former Yugoslav Republic of Macedonia, Montenegro and Serbia – in infrastructure development within the transport, energy, environment and social sectors.
     
  • Investments in the Western Balkans are supported by the European Commission in joint initiative with several international financing institutions. The supported investment projects are prepared under the lead of one of the prospective financiers being the European Investment Bank, the European Bank for Reconstruction and Development, the Council of Europe Bank, the Kreditanstalt für Wiederaufbau, or the European Commission.
     
  • Under the completed IPF contract overall 36 investment sub-projects were supported across the four sectors (transport, energy, environment and social infrastructure) and the technical assistance delivered contributed to the preparation of infrastructure investments in the order of magnitude of 3.7 billion Euro. The technical assistance contract value was 29.8 million Euro.

LAST UPDATED: 16.09.2016