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Federation Road Sector Modernization Project

Development Objective

The Program Development Objective of the Transport Sector Modernization Program (TSMP) is to upgrade transport infrastructure alongpriority transport links and to strengthen capacity for sustainable transport asset management. The Project Development Objectivesof the First Phase of the TSMP (the Federation Road Sector Modernization Project) are to improve road connectivity and safety for road users along project roads and to strengthen capacity for sustainable management of the main road network in the Federation of Bosnia and Herzegovina.

Key Details

Project Details

  • P152406

  • Closed

  • Nadia Badea , Fiona Collin

  • Bosnia and Herzegovina

  • Bosnia and Herzegovina

  • August 25, 2015

  • (as of board presentation)

    August 2, 2016

  • October 4, 2017

  • US$ 101.30 million

  • Public Company Roads of Federation of Bosnia and Herzegovina

  • Europe and Central Asia

  • 2017

  • US$ 101.30 million

  • A

  • Not Applicable

  • September 30, 2023

  • No

  • BANK APPROVED

  • April 1, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: European Investment Bank 36.70
International Bank for Reconstruction and Development 64.60

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 64.60
IDA Commitment N/A
IBRD + IDA Commitment 64.60
Lending Instrument
Grant Amount 36.70
Total Project Cost** 101.30

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

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 15, 2018 IBRD-86400 Int Charges 199,513.60
Feb 15, 2018 IBRD-86400 Int Charges 390.44
Jul 9, 2018 IBRD-86400 Loan Disb 17,141.81
Jun 12, 2018 IBRD-86400 Loan Disb 1,767,750.00
Aug 15, 2018 IBRD-86400 Int Charges 80,436.36
Aug 15, 2018 IBRD-86400 Int Charges 2,229.29
Oct 4, 2018 IBRD-86400 Loan Disb 2,317,386.80
Feb 15, 2019 IBRD-86400 Int Charges 4.15
Feb 15, 2019 IBRD-86400 Int Charges 5.62
Feb 15, 2019 IBRD-86400 Int Charges 77,954.77
Feb 15, 2019 IBRD-86400 Int Charges 10,990.45
Aug 15, 2024 IBRD-86400 Int Charges 1,508,977.60
Aug 15, 2024 IBRD-86400 Int Charges 1,599.56
Feb 15, 2024 IBRD-86400 Int Charges 1,828.04
Feb 15, 2024 IBRD-86400 Int Charges 1,476,512.40
Aug 2, 2016 IBRD-86400 Loan Commitment 64,600,000.00
Apr 23, 2024 IBRD-86400 Loan Disb 23,689.77
Feb 15, 2022 IBRD-86400 Int Charges 404.59
Feb 15, 2022 IBRD-86400 Int Charges 251.72
Feb 15, 2022 IBRD-86400 Int Charges 27,688.88
Feb 15, 2022 IBRD-86400 Int Charges 86,231.78
Aug 15, 2022 IBRD-86400 Int Charges 1,878.85
Aug 15, 2022 IBRD-86400 Int Charges 1,169.06
Aug 15, 2022 IBRD-86400 Int Charges 18,607.37
Aug 15, 2022 IBRD-86400 Int Charges 90,324.53
Jul 19, 2022 IBRD-86400 Loan Disb 8,172,825.00
Sep 2, 2022 IBRD-86400 Loan Disb 739,223.60
Oct 5, 2022 IBRD-86400 Loan Disb 1,350,537.00
Dec 13, 2022 IBRD-86400 Loan Disb 625,164.25
Feb 15, 2023 IBRD-86400 Int Charges 7,399.87
Feb 15, 2023 IBRD-86400 Int Charges 468,643.06
Feb 15, 2023 IBRD-86400 Int Charges 1,281.24
Feb 15, 2023 IBRD-86400 Int Charges 1,821.71
Aug 15, 2023 IBRD-86400 Int Charges 1,164,441.90
Aug 24, 2023 IBRD-86400 Loan Disb 3,758,913.20
Aug 15, 2023 IBRD-86400 Int Charges 6,296.87
Sep 28, 2023 IBRD-86400 Loan Disb -153.45
Jul 22, 2020 IBRD-86400 Loan Disb 1,753,045.00
Mar 1, 2021 IBRD-86400 Loan Disb 11,563,444.00
Dec 23, 2020 IBRD-86400 Loan Disb 4,348,398.50
Feb 11, 2021 IBRD-86400 Loan Disb 752,896.90
Feb 15, 2021 IBRD-86400 Int Charges 335.97
Feb 15, 2021 IBRD-86400 Int Charges 54,282.13
Feb 15, 2021 IBRD-86400 Int Charges 62,270.85
Feb 15, 2021 IBRD-86400 Int Charges 301.43
Jul 8, 2021 IBRD-86400 Loan Disb 1,622,244.00
Aug 15, 2021 IBRD-86400 Int Charges 1,569.15
Aug 15, 2021 IBRD-86400 Int Charges 1,423.18
Aug 15, 2021 IBRD-86400 Int Charges 81,307.85
Aug 15, 2021 IBRD-86400 Int Charges 33,939.92
Aug 31, 2021 IBRD-86400 Loan Disb 844,233.40
Apr 26, 2022 IBRD-86400 Loan Disb 479,384.84
Jun 21, 2022 IBRD-86400 Loan Disb 639,121.00
Dec 16, 2021 IBRD-86400 Loan Disb 4,978,147.00
Mar 29, 2019 IBRD-86400 Loan Disb 415,454.40
Jun 10, 2019 IBRD-86400 Loan Disb 606,048.25
Jun 21, 2019 IBRD-86400 Loan Disb 339,478.44
Jun 21, 2019 IBRD-86400 Loan Disb 516,181.16
May 31, 2019 IBRD-86400 Loan Disb 355,747.44
Aug 15, 2019 IBRD-86400 Int Charges 16,113.35
Aug 15, 2019 IBRD-86400 Int Charges 72,654.23
Sep 23, 2019 IBRD-86400 Loan Disb -12,820.81
Sep 23, 2019 IBRD-86400 Loan Disb -2,751.14
Jul 19, 2019 IBRD-86400 Loan Disb 7,080,329.00
Sep 23, 2019 IBRD-86400 Loan Disb -191.39
Sep 23, 2019 IBRD-86400 Loan Disb -22,137.04
Mar 4, 2020 IBRD-86400 Loan Disb 8,837,020.00
Feb 15, 2020 IBRD-86400 Int Charges 1,571.63
Feb 15, 2020 IBRD-86400 Int Charges 2,698.85
Feb 15, 2020 IBRD-86400 Int Charges 62,881.49
Feb 15, 2020 IBRD-86400 Int Charges 32,380.07
Aug 15, 2020 IBRD-86400 Int Charges 56,866.99
Aug 15, 2020 IBRD-86400 Int Charges 59,190.83
Oct 4, 2017 IBRD-86400 Loan Disb 170,730.25
Oct 4, 2017 IBRD-86400 Fee Charges 170,730.25

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-02-01
Financial Management Satisfactory 2024-02-01
Monitoring and Evaluation Satisfactory 2024-02-01
Overall Implementation Progress (IP) Satisfactory 2024-02-01
Project Management Satisfactory 2024-02-01
Procurement Satisfactory 2024-02-01

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-29-2024
OutcomesSubstantial
Risk to Development Outcome
Bank PerformanceSubstantial
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-17-2024PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceN/a
Government PerformanceN/a
Implementing AgencyN/a
Icr QualitySubstantialN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Roads in good and fair condition as a share of total classified roadsValue91.0093.6292.00
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Rolling program of road works prepared yearly based on RAMS informationValueNoYesNo
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Size of the total classified networkValue2037.002037.002037.00
    DateFebruary 22, 2016May 31, 2018
    Comment
  • Vehicle operating costs for heavy vehicles along the Project's sections, in Euro per vehicle-kmValue1.541.431.51
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Road crashes with severe consequencesValue28.000.0028.00
    DateFebruary 22, 2016September 30, 2023
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Roads constructed, non-ruralValue0.0035.1238.13
    DateFebruary 22, 2016September 30, 2023June 10, 2021
    Comment
  • Reconstructed black spots on the main road networkValue0.006.006.00
    DateFebruary 22, 2016September 30, 2023June 10, 2021
    Comment
  • Main roads for which condition data is annually collected for RAMSValue0.002404.002333.00
    DateFebruary 22, 2016September 30, 2023June 10, 2021
    Comment
  • Direct project beneficiariesValue437709.00470000.000.00
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Roads rehabilitated, Non-ruralValue0.0041.7542.23
    DateFebruary 22, 2016September 30, 2023June 10, 2021
    Comment
  • iRAP completed on main roads in FBHValueNoYesNo
    DateFebruary 22, 2016September 30, 2023
    Comment
  • of which femaleValue51.0051.0051.00
    DateFebruary 22, 2016September 30, 2023November 15, 2019
    Comment
  • Climate resilience practices applied in road managementValueClimate resilient system for RAMS is not developedSystem developedClimate resilient system for RAMS is not developed
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Responsiveness rate to grievances and comments from citizensValue0.00100.00100.00
    DateFebruary 22, 2016September 30, 2023
    Comment
  • Road safety inspections completed in sections indicated after i-RAP assessmentValueNoYes
    DateMarch 31, 2021September 30, 2023
    Comment
  • Local jobs createdValue0.00160.00170.00
    DateFebruary 22, 2016September 30, 2023June 10, 2021
    Comment