30 July 2014
We are pleased to announce our further involvement in the fourth phase of the WBIF Infrastructure Projects Facility (IPF) Programme. The WBIF serves as a repository for grant funds from a number of institutions including the EIB, EC, partner IFIs and other bi-lateral donors and IFIs as well as all of the WBIF beneficiary countries. Our aim is to work with these investments to strengthen essential infrastructure across the Western Balkans, where the wars and breakup of the region have resulted in structural damage and a severe lack of essential infrastructure.
We are part of a consortium managed by leading consultancy group, COWI, and will be providing further technical assistance to the IPF. This programme will be the fourth phase of the IPF WYG has provided, and with a value of around €11.4m, IPF4 will boost the programme’s total value to an estimated €90m.
Utilising our strong track record in transport, environment, energy and social infrastructure, we will be providing technical support and advice in project management to beneficiaries in preparing and implementing critical infrastructure projects. Our work will range from pre-feasibility and feasibility studies, economic and financial analysis, environmental and socio-economical impact assessments, to assist in assessing the technical, economic and financial strength of projects for possible financial support. We will also provide support for project implementation, ranging from preparation of preliminary and detailed designs, procurement strategies and tender document preparation, and supervision and monitoring of construction of works.
Now that Croatia has successfully become an EU member, this phase of the programme will no longer work within the country, but will continue to operate from our project offices in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, Former Yugoslav Republic of Macedonia and Serbia. This is a key appointment at a time when the European Commission’s 2014-2020 programme of funding under the IPAII (Instrument for Pre-accession) will further support the development needs of Western Balkans countries.
Paul Hamer, Chief Executive Officer, said: "We are delighted to have secured a further significant contract of this stature. It is a testament of our work and reaffirms our commitment to the region to be appointed onto the fourth phase of such a significant programme following our continued support throughout IPF 1, 2 and 3. We look forward to continuing our sound relationships with our consortium partners to help the region continue to develop."