At the EU Western Balkans Summit held in Brdo pri Kranju, Slovenia, the President of the European Investment Bank (EIB) Werner Hoyer, accompanied by EIB Vice-President Lilyana Pavlova, reiterated the EU bank’s support for EU integration in the region, sustainable recovery from the COVID-19 pandemic and digitalisation of the regional market. These goals are part of the European Union’s Economic and Investment Plan (EIP) for the Western Balkans, which outlines an investment package worth close to €30 billion for boosting more sustainable, green, digital and people-focused growth in the region.
The European Investment Bank (EIB), the bank of the European Union, will continue to provide hands-on support for fast, sustainable and green investments for climate action, improved connectivity and COVID-19 recovery. In doing so, the Bank stands by the Republic of Serbia in its EU accession goals, said EIB Vice-President Lilyana Pavlova during her visit to Serbia earlier this week. Vice-President Pavlova opened the Western Balkans Rail Summit in Belgrade, where regional transport ministers, government and European Commission representatives and rail professionals planned the future development and modernisation of the regional rail network.
Building a modern, digitalised rail network with direct express train connections between major cities in the region will help establish better connectivity and provide a safer and more environmentally sustainable mode of transport for people and businesses in the Western Balkans. This was recognised as a key priority of the Dedication to Rail, signed today by ministers in charge of transport in the region at the First Western Balkans Rail Summit, held in Belgrade. The event was organised by the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), and was under the auspices the Ministry of Construction, Transport and Infrastructure of Serbia.