1. What We Do

CORRIDOR X HIGHWAY PROJECT

Abstract*

The development objective of the Corridor X Highway Project is to increase transport efficiency and improve traffic safety on the three project sections of Corridor X, between Nis and Dimitrovgrad and Leskovac and Donji Neradovac respectively, and to improve road management and road safety in Serbia. There are four components to the project. The first component of the project is the M-1 road to Macedonia (E-75) - Corridor Xd. This component involves...

* 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 Project Development Objective is to increase transport efficiency and improve traffic safety on the three project sections ofCorridor X, between Nis and Dimitrovgrad and Grabovnica and Donji Neradovac respectively, and to improve road management and roadsafety in Serbia.

Key Details

Project Details

  • P108005

  • Closed

  • Svetlana Vukanovic

  • Republic of Serbia

  • Serbia

  • November 25, 2008

  • (as of board presentation)

    July 9, 2009

  • November 6, 2009

  • US$ 448.00 million

  • Corridors of Serbia,Koridori Srbije Drustvo sa Ogranicenom Odgovornoscu

  • Europe and Central Asia

  • 2010

  • US$ 388.00 million

  • A

  • May 16, 2023

  • September 30, 2019

  • BANK APPROVED

  • Notes

Sectors

Created with Highstock 5.0.14FY17 - Public Administration -TransportationFY17 - Public Administration - TransportationFY17 - Rural and Inter-UrbanRoadsFY17 - Rural and Inter-Urban Roads

Themes

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 388.00
Borrower/Recipient 60.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 388.00
IDA Commitment N/A
IBRD + IDA Commitment 388.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 448.00

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$)
Jan 5, 2017 IBRD-77460 Loan Disb 1,867,115.20
Jan 5, 2017 IBRD-77460 Loan Disb 90,346.57
Sep 12, 2016 IBRD-77460 Loan Disb 151,829.98
Jun 7, 2017 IBRD-77460 Loan Disb 561,304.80
Jun 1, 2017 IBRD-86550 Int Charges 37,322.70
Jun 1, 2017 IBRD-86550 Int Charges 228.67
Feb 17, 2016 IBRD-77460 Loan Disb 911,318.70
Apr 13, 2016 IBRD-77460 Loan Disb 583,428.56
Nov 4, 2015 IBRD-77460 Loan Disb 1,767,565.80
Apr 14, 2016 IBRD-77460 Loan Disb 6,534,834.00
Apr 15, 2016 IBRD-77460 Int Charges 1,219.70
Apr 15, 2016 IBRD-77460 Int Charges 178,093.86
Mar 16, 2016 IBRD-77460 Loan Disb 1,312,746.00
Jul 18, 2016 IBRD-77460 Loan Disb 380,282.78
Nov 23, 2016 IBRD-77460 Loan Disb 174,931.02
Nov 23, 2016 IBRD-77460 Loan Disb 26,134.34
May 10, 2016 IBRD-77460 Loan Disb 9,786,685.00
Jun 20, 2016 IBRD-77460 Loan Disb 3,102,192.80
Oct 15, 2016 IBRD-77460 Int Charges 466.81
Apr 10, 2015 IBRD-77460 Loan Disb 577,830.30
May 15, 2015 IBRD-77460 Loan Disb 446,947.22
Jul 24, 2015 IBRD-77460 Loan Disb 321,575.84
Aug 21, 2015 IBRD-77460 Loan Disb 225,074.72
Jul 10, 2015 IBRD-77460 Loan Disb 1,119,172.60
Jan 6, 2016 IBRD-77460 Loan Disb 2,102,259.00
Aug 12, 2015 IBRD-77460 Loan Disb 10,593,008.00
Aug 25, 2015 IBRD-77460 Loan Disb 2,880,782.80
Apr 15, 2023 IBRD-77460 Int Charges 1,917,750.80
Apr 15, 2023 IBRD-77460 Loan Repay 12,760,744.00
Jun 1, 2023 IBRD-86550 Int Charges 529,908.25
Jun 1, 2023 IBRD-86550 Loan Repay 1,874,075.00
Dec 1, 2023 IBRD-86550 Int Charges 716,564.94
Dec 1, 2023 IBRD-86550 Loan Repay 1,906,975.00
Oct 15, 2023 IBRD-77460 Int Charges 2,757,194.20
Oct 15, 2023 IBRD-77460 Loan Repay 12,137,045.00
Apr 15, 2024 IBRD-77460 Int Charges 2,986,061.80
Apr 15, 2024 IBRD-77460 Loan Repay 12,297,441.00
Oct 25, 2016 IBRD-86550 Loan Commitment 38,900,000.00
Jul 9, 2009 IBRD-77460 Loan Commitment 388,000,000.00
Apr 15, 2015 IBRD-77460 Int Charges 2,935.87
Apr 15, 2015 IBRD-77460 Int Charges 179,148.12
May 15, 2015 IBRD-77460 Loan Disb 223,775.95
Jul 23, 2015 IBRD-77460 Loan Disb 1,383,805.50
Jul 17, 2015 IBRD-77460 Loan Disb 381,787.44
Jul 17, 2015 IBRD-77460 Loan Disb 695,743.60
Sep 24, 2015 IBRD-77460 Loan Disb 2,692,346.20
Oct 21, 2015 IBRD-77460 Loan Disb 454,098.80
Oct 15, 2015 IBRD-77460 Int Charges 387.31
Oct 15, 2015 IBRD-77460 Int Charges 180,828.77
Oct 16, 2015 IBRD-77460 Loan Disb 1,086,344.90
Dec 28, 2015 IBRD-77460 Loan Disb 9,359,894.00
Sep 17, 2015 IBRD-77460 Loan Disb 222,092.17
Nov 25, 2015 IBRD-77460 Loan Disb 3,287,083.50
Dec 20, 2013 IBRD-77460 Loan Disb 7,223,370.00
Apr 22, 2014 IBRD-77460 Loan Disb 1,866,851.40
May 21, 2014 IBRD-77460 Loan Disb 2,613,266.20
Dec 13, 2013 IBRD-77460 Loan Disb 2,554,214.20
Jan 31, 2019 IBRD-86550 Loan Disb 2,562,299.50
Feb 1, 2019 IBRD-86550 Loan Disb 18,396.28
May 16, 2018 IBRD-86550 Loan Disb 17,686,500.00
Dec 1, 2018 IBRD-86550 Int Charges 1,966.02
Dec 1, 2018 IBRD-86550 Int Charges 2,658.51
Dec 1, 2018 IBRD-86550 Int Charges 22,616.16
Dec 1, 2018 IBRD-86550 Int Charges 64,146.22
Oct 15, 2018 IBRD-77460 Loan Repay 13,383,290.00
Jun 27, 2017 IBRD-77460 Loan Disb 649,035.44
Aug 29, 2016 IBRD-77460 Loan Disb 8,646,653.00
Oct 15, 2017 IBRD-77460 Loan Repay 12,385,848.00
Nov 13, 2017 IBRD-77460 Loan Disb 637,061.90
Jul 14, 2017 IBRD-77460 Loan Disb 10,946,236.00
Jul 19, 2017 IBRD-77460 Loan Disb 812,528.10
Apr 19, 2017 IBRD-77460 Loan Disb 957,726.80
Apr 15, 2017 IBRD-77460 Int Charges 263.59
Mar 29, 2017 IBRD-77460 Loan Disb 1,830,791.00
Aug 8, 2017 IBRD-77460 Loan Disb 84,849.46
Aug 30, 2017 IBRD-77460 Loan Disb 277,964.72
Oct 3, 2017 IBRD-77460 Loan Disb 867,663.94
Aug 22, 2017 IBRD-77460 Loan Disb 806,119.94
Oct 13, 2017 IBRD-77460 Loan Disb 12,031,962.00
Aug 21, 2017 IBRD-77460 Loan Disb 26,991.59
Feb 15, 2018 IBRD-77460 Loan Disb 264,855.78
Dec 1, 2017 IBRD-86550 Int Charges 52,076.81
Dec 1, 2017 IBRD-86550 Int Charges 317.60
Feb 26, 2018 IBRD-77460 Loan Disb 645,439.50
Oct 26, 2016 IBRD-77460 Loan Disb 392,167.88
Oct 15, 2016 IBRD-77460 Int Charges 23,018.58
Oct 5, 2016 IBRD-77460 Loan Disb 1,484,494.00
Oct 14, 2016 IBRD-77460 Loan Disb 6,680,975.00
Jan 19, 2017 IBRD-86550 Loan Disb 93,318.75
Jan 19, 2017 IBRD-86550 Fee Charges 93,318.75
Jan 17, 2017 IBRD-77460 Loan Disb 10,812,701.00
Dec 12, 2016 IBRD-77460 Loan Disb 178,178.78
Aug 29, 2016 IBRD-77460 Loan Disb 1,078,770.80
Aug 22, 2016 IBRD-77460 Loan Disb 294,323.34
Jun 1, 2024 IBRD-86550 Int Charges 709,420.50
Jun 1, 2024 IBRD-86550 Loan Repay 1,898,750.00
Oct 15, 2020 IBRD-77460 Loan Repay 13,521,762.00
Dec 1, 2020 IBRD-86550 Int Charges 151,206.02
Jun 1, 2021 IBRD-86550 Int Charges 73,534.92
Apr 15, 2021 IBRD-77460 Loan Repay 13,806,206.00
Oct 15, 2021 IBRD-77460 Loan Repay 13,398,868.00
Dec 1, 2021 IBRD-86550 Loan Repay 1,981,262.50
Dec 1, 2021 IBRD-86550 Int Charges 68,485.64
Apr 15, 2022 IBRD-77460 Loan Repay 12,472,839.00
Jun 1, 2022 IBRD-86550 Int Charges 55,849.02
Jun 1, 2022 IBRD-86550 Loan Repay 1,875,562.50
Dec 1, 2022 IBRD-86550 Int Charges 130,361.77
Dec 1, 2022 IBRD-86550 Loan Repay 1,826,562.50
Oct 15, 2022 IBRD-77460 Loan Repay 11,233,517.00
Nov 4, 2019 IBRD-86550 Loan Disb 1,262,048.50
Jun 1, 2019 IBRD-86550 Int Charges 12,690.52
Jun 1, 2019 IBRD-86550 Int Charges 87,409.17
Apr 15, 2019 IBRD-77460 Loan Repay 13,052,112.00
May 23, 2019 IBRD-86550 Loan Disb 292,646.97
Jul 11, 2019 IBRD-86550 Loan Disb 1,593,761.60
Jul 29, 2019 IBRD-86550 Loan Disb 1,777,596.50
Oct 15, 2019 IBRD-77460 Loan Repay 12,711,702.00
Aug 23, 2019 IBRD-86550 Loan Disb 1,441,975.80
Oct 4, 2019 IBRD-86550 Loan Disb 1,246,155.60
Sep 17, 2019 IBRD-86550 Loan Disb 1,146,900.00
Dec 1, 2019 IBRD-86550 Int Charges 102,812.72
Dec 1, 2019 IBRD-86550 Int Charges 25.53
Dec 1, 2019 IBRD-86550 Int Charges 5,252.10
Dec 1, 2019 IBRD-86550 Int Charges 17.81
Nov 8, 2019 IBRD-86550 Loan Disb 64,770.78
Oct 15, 2020 IBRD-77460 Int Charges 185,391.39
Jun 1, 2020 IBRD-86550 Int Charges 742.77
Jun 1, 2020 IBRD-86550 Int Charges 1,064.62
Jun 1, 2020 IBRD-86550 Int Charges 98,797.10
Apr 15, 2020 IBRD-77460 Loan Repay 12,587,078.00
Mar 25, 2020 IBRD-77460 Loan Cancel 10.81
Dec 13, 2017 IBRD-77460 Loan Disb 548,729.94
Nov 16, 2017 IBRD-77460 Loan Disb 179,746.02
Apr 15, 2014 IBRD-77460 Int Charges 4,249.91
May 13, 2014 IBRD-77460 Loan Disb 7,156,560.00
Apr 15, 2014 IBRD-77460 Int Charges 202,045.27
May 27, 2014 IBRD-77460 Loan Disb 1,734,808.10
Jun 9, 2014 IBRD-77460 Loan Disb 1,595,763.20
Jun 13, 2014 IBRD-77460 Loan Disb 1,911,721.10
May 29, 2014 IBRD-77460 Loan Disb 6,808,500.00
May 29, 2014 IBRD-77460 Loan Disb 2,929,077.80
Sep 19, 2014 IBRD-77460 Loan Disb 4,608,121.00
Aug 22, 2014 IBRD-77460 Loan Disb 2,757,920.00
Jan 28, 2015 IBRD-77460 Loan Disb 230,420.69
Jan 7, 2015 IBRD-77460 Loan Disb 9,158,496.00
Jan 6, 2015 IBRD-77460 Loan Disb 1,542,866.00
Mar 17, 2015 IBRD-77460 Loan Disb 1,685,503.60
Jul 22, 2014 IBRD-77460 Loan Disb 1,502,444.10
Jun 1, 2015 IBRD-77460 Loan Disb 931,443.56
Apr 20, 2015 IBRD-77460 Loan Disb 2,201,117.50
Jun 18, 2015 IBRD-77460 Loan Disb 7,050,522.00
Oct 9, 2014 IBRD-77460 Loan Disb 2,498,334.50
Nov 18, 2014 IBRD-77460 Loan Disb 1,771,602.10
Oct 15, 2014 IBRD-77460 Int Charges 721.61
Oct 15, 2014 IBRD-77460 Int Charges 318,009.00
Oct 22, 2014 IBRD-77460 Loan Disb 2,045,560.50
Jul 11, 2013 IBRD-77460 Loan Disb 1,270,910.10
Jul 16, 2013 IBRD-77460 Loan Disb 700,316.90
Aug 15, 2013 IBRD-77460 Loan Disb 1,353,202.40
Dec 5, 2014 IBRD-77460 Loan Disb 9,222,849.00
Dec 19, 2014 IBRD-77460 Loan Disb 2,039,472.40
Sep 10, 2013 IBRD-77460 Loan Disb 1,778,113.40
Aug 19, 2013 IBRD-77460 Loan Disb 2,015,827.90
Oct 1, 2013 IBRD-77460 Loan Disb 1,575,835.60
Feb 27, 2014 IBRD-77460 Loan Disb 1,756,738.60
Sep 18, 2013 IBRD-77460 Loan Disb 9,132,884.00
Jan 6, 2014 IBRD-77460 Loan Disb 6,120,790.00
Oct 15, 2013 IBRD-77460 Int Charges 759.47
Oct 15, 2013 IBRD-77460 Int Charges 118,063.03
Nov 1, 2013 IBRD-77460 Loan Disb 2,998,471.80
Nov 25, 2013 IBRD-77460 Loan Disb 1,993,461.40
Sep 1, 2017 IBRD-77460 Loan Disb 1,095,372.80
May 17, 2018 IBRD-86550 Loan Disb 399,930.03
May 29, 2018 IBRD-86550 Loan Disb 2,823,467.20
Apr 6, 2018 IBRD-77460 Loan Disb 11,460,646.00
Apr 15, 2018 IBRD-77460 Loan Repay 13,653,630.00
Aug 9, 2018 IBRD-86550 Loan Disb 413,142.10
Jun 22, 2018 IBRD-86550 Loan Disb 518,196.22
Aug 17, 2018 IBRD-86550 Loan Disb 214,933.70
Aug 31, 2018 IBRD-86550 Loan Disb 1,244,967.90
Jun 1, 2018 IBRD-86550 Int Charges 48,940.72
Jun 1, 2018 IBRD-86550 Int Charges 300.44
Jan 17, 2019 IBRD-86550 Loan Disb 898,287.80
Dec 12, 2018 IBRD-86550 Loan Disb 4,641,333.50
Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2019-10-07
Procurement Satisfactory 2019-10-07
Financial Management Satisfactory 2019-10-07
Overall Safeguards Rating Satisfactory 2019-10-07
Counterpart Funding Satisfactory 2019-10-07
Monitoring and Evaluation Satisfactory 2019-10-07
Overall Implementation Progress (IP) Satisfactory 2019-10-07
Project Management Satisfactory 2019-10-07
Overall Safeguards Rating Satisfactory 2019-10-07

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-25-2020
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 10-08-2020PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceNot RatedN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

No data available.