Western Balkans Municipal Infrastructure Development Fund.

Progetto concluso

In cooperation with the EBRD and the KfW, the Western Balkans Municipal Infrastructure Development Fund (MIDF) has been established, to provide medium to long term loan financing to creditworthy small and medium sized municipalities for infrastructure projects in the Western Balkans financed through local commercial banks.

Paese/Regione Periodo Budget
Bosnia e Erzegovina
01.01.2013 - 31.12.2016
CHF 2'959'999
Contesto The MIDF is a structured investment fund that provides financing for municipal infrastructure investments in the Western Balkans through local commercial banks (i.e. participating banks- PB). Financial support will be combined with technical assistance (TA) for PB and municipalities (i.e. ultimate borrowers, UB). The Technical assistance component aims at improving cost recovery by municipalities, enhancing their creditworthiness, and equipping local banks with the necessary skills to lend to municipalities. It is expected that such skill development will create a commercial banking market for municipal financing in the long-run.
Obiettivi The overall objective of the Fund is to provide medium to long-term financing to Ultimate Borrowers for the development of new municipal infrastructures and rehabilitation as well as modernization of existing municipal infrastructures. The Fund's mission is to deepen and broaden the local financial systems and to enhance local self-government in the Western Balkans, by enhancing the capacity of local banks for municipal lending and by improving the efficiency and sustainability of municipal infrastructure
Effetti a medio termine The project will improve financial services for municipalities in the Western Balkans, realized through local commercial banks offering municipal infrastructure financing on a permanent basis. In parallel, municipalities will develop and strengthen their institutional capabilities of project preparation, implementation and monitoring, and thus improve their creditworthiness while boosting access to financing without external support.

Risultati principali attesi:   Municipalities (i.e. Ultimate Borrowers- UB) in the 6 Western Balkan countries will have increased access to municipal infrastructure financing, channeled through local banks (i.e. participating banks- PB). Additionally, both the UB’s and the PB’s will receive TA in the development, financing and management of infrastructure projects.MIDF investments will be directed to the following infrastructure sectors: water and wastewater, district heating, waste management, public transport and road infrastructure and energy efficiency. The utilization of loan financing through the MIDF, combined with tailored technical assistance for project preparation and implementation, will help to ensure that projects are designed efficiently, financed on a sustainable basis and result in more immediate delivery of improved infrastructure services.

Direzione/Ufficio responsabile SECO
Credito Cooperazione con l'Europa dell'Est
Partner del progetto Partner contrattuale
  • KfW banking group

Budget Fase in corso Budget Svizzera CHF   2'959'999 Budget svizzero attualmente già speso CHF   0 Budget inclusi partner del progetto CHF   2'959'999
Fasi del progetto Fase 20 01.01.2013 - 31.10.2016   (Completed)

Fase 10 01.01.2013 - 31.12.2016   (Completed)