The Western Balkans Investment Framework (WBIF) was set up in 2009 by the European Union (EU), the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Council of Europe Bank (CEB) and Kreditanstalt für Wiederaufbau (KfW) to contribute to the stability, reform and EU accession in the Western Balkans and enhance the harmonisation and cooperation in investments for the socio-economic development of the Western Balkans.
The selected investment projects are supported through the Infrastructure Projects Facility – Technical Assistance Window (IPF TA) contracts. The overall objective of the technical assistance operation is to contribute to the improvement of the infrastructure in the candidate countries and potential candidate countries.
The specific purpose of the IPF5 operation is to support the preparation and implementation of priority infrastructure investment projects in the transport, environment, energy and social infrastructure, to be carried out in Albania, Bosnia and Herzegovina, the former Yugoslav Republic of Macedonia, Kosovo*, Montenegro and Serbia.
SYSTEMA is currently leading the following transport sub-projects:
Pre-feasibility study of railway line Stalac-Kraljevo-Rudnica
Preliminary Design and Environmental and Social Impact Assessment (ESIA) for the bypass Podgorica (Smokovac-Tolosi-Farmaci) of the Bar-Boljare highway (SEETO Road Route 4) (Oct. 2018 – )
Client: European Commission, EG Enlargement / EU IPA Multi-Beneficiary Programme and European Western Balkans Joint Fund (EWBJF) | Year: 2016 –
 *This designation is without prejudice to positions on status, and is in line with UNSCR 1244/1999 and the ICJ Opinion on the Kosovo declaration of independence.