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Republika Srpska Railways Restructuring Project

Abstract*

The objective of the Republika Srpska Railways Restructuring and Second Phase of the Transport Sector Modernization Program Projects for Bosnia and Herzegovina is to improve transport connectivity of the country along priority transport links and to support improvements in transport operations and asset management practices. The program is multi-phased with a first phase including road sections in FBH, and the second phase including railways in the...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The Overall Development Objective of the Transport Sector Modernization Program (TSMP) is to improve transport connectivity of the country along priority transport links and to support improvements in transport operations and asset management practices. The Program is multi-phased with a First Phase including road sections in the Federation of Bosnia and Hezegovina, and the Second Phase including railways in the Republika Srpska. The Development Objective of the Second Phase of the TSMP is to improve the operational efficiency and financial sustainability of the railways in Republika Srpska.

Key Details

Project Details

  • P161122

  • Closed

  • Svetlana Vukanovic , Wenyu Jia

  • Bosnia and Herzegovina

  • Bosnia and Herzegovina

  • January 25, 2017

  • (as of board presentation)

    December 7, 2017

  • August 31, 2018

  • US$ 149.19 million

  • Republika Srpska,Republika Srpska Railways

  • Europe and Central Asia

  • 2018

  • US$ 60.60 million

  • B

  • January 24, 2024

  • December 31, 2024

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 88.59
International Bank for Reconstruction and Development 60.60

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 60.60
IDA Commitment N/A
IBRD + IDA Commitment 60.60
Lending Instrument
Grant Amount N/A
Total Project Cost** 149.19

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 7, 2017 IBRD-88080 Loan Commitment 60,598,000.00
Nov 15, 2018 IBRD-88080 Int Charges 77,043.80
May 15, 2023 IBRD-88080 Int Charges 760,694.50
May 15, 2024 IBRD-88080 Int Charges 7,523.35
May 15, 2024 IBRD-88080 Int Charges 1,255,913.80
May 15, 2020 IBRD-88080 Int Charges 20,616.14
May 15, 2020 IBRD-88080 Int Charges 126,555.89
May 6, 2020 IBRD-88080 Loan Disb 7,453,725.00
Nov 15, 2019 IBRD-88080 Int Charges 21,789.94
Nov 15, 2019 IBRD-88080 Int Charges 154,694.36
May 15, 2021 IBRD-88080 Int Charges 13,164.65
May 15, 2021 IBRD-88080 Int Charges 129,517.66
Nov 15, 2020 IBRD-88080 Int Charges 501.28
Nov 15, 2020 IBRD-88080 Int Charges 823.81
Nov 15, 2020 IBRD-88080 Int Charges 13,028.90
Nov 15, 2020 IBRD-88080 Int Charges 218,351.31
May 15, 2022 IBRD-88080 Int Charges 11,296.49
May 15, 2022 IBRD-88080 Int Charges 111,059.43
Nov 15, 2021 IBRD-88080 Int Charges 12,658.85
Nov 15, 2021 IBRD-88080 Int Charges 126,942.33
Nov 15, 2022 IBRD-88080 Int Charges 11,510.26
Nov 15, 2022 IBRD-88080 Int Charges 169,741.58
Nov 15, 2023 IBRD-88080 Int Charges 1,079,390.90
Nov 15, 2023 IBRD-88080 Int Charges 12,012.15
Dec 22, 2023 IBRD-88080 Loan Disb 4,410,400.00
Nov 15, 2018 IBRD-88080 Int Charges 214.41
Nov 15, 2018 IBRD-88080 Loan Disb 29,980,776.00
May 15, 2019 IBRD-88080 Int Charges 26,100.36
May 15, 2019 IBRD-88080 Int Charges 133,532.53
Jan 17, 2019 IBRD-88080 Loan Disb 10,260,450.00
Aug 31, 2018 IBRD-88080 Loan Disb 149,616.45
Aug 31, 2018 IBRD-88080 Fee Charges 149,616.45
May 15, 2023 IBRD-88080 Int Charges 11,830.98

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Project Management Satisfactory 2024-09-25
Overall Implementation Progress (IP) Moderately Satisfactory 2024-09-25
Progress towards achievement of PDO Moderately Satisfactory 2024-09-25
Procurement Moderately Satisfactory 2024-09-25
Financial Management Satisfactory 2024-09-25
Monitoring and Evaluation Satisfactory 2024-09-25

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.