Serbia: Morava Corridor Motorway-01

Date Filed
23 Aug 2023
Status
Open
Phase
Assessment
Country
Serbia

Case Tracker

Eligibility
August 23, 2023-October 03, 2023
Eligibility
Assessment
Status as of October 04, 2023
Assessment
Dispute Resolution
Compliance
CURRENT Status
Assessment
Status as of October 04, 2023

Complaint Overview

Complainant

Community member

Concerns

Environmental issues; Health and safety; Loss of value for land; Loss of development rights

Cross-Cutting Issues
Air Community Health and Safety IFC/MIGA Supervision Land Resettlement Loss of Livelihoods

Project Information

Region
Europe
Institution
MIGA
Name & Number
MIGA Project Number 14629
Company
JPMorgan Chase Bank N.A. London Branch, CaixaBank, S.A., Banco Santander, S.A, UBS Switzerland AG, Credit Agricole Corporate and Investment Bank, and Raiffeisen Bank International AG
Sector
Infrastructure
Department
Infrastructure
Category
A
Commitment

MIGA signed a contract of guarantee for EUR 411.4 million (c.US$ 451.8 million).

Synopsis

Project Overview

The Morava Corridor Motorway Project consists of a greenfield 112 km dual carriageway tolled motorway, within a 900 meter right of way, located approximately 200 km south of Belgrade, in a low-level flood plain running east/west along the West Morava River Valley. The Project includes (i) above ground structures such as interchanges, bridges, culverts, and over/under passes; (ii) a telecommunication network (digital corridor) supported by power lines and communication cables to connect the telecom stations within the motorway (at rest areas, parking lots, and near traffic loops) and to manage traffic through various traffic control, surveillance, and tolling systems; and (iii) river regulation works intended to protect the Project and its surrounding areas from flooding.

Complaint

The complaint raised concerns relating to economic displacement, health and safety, environmental issues and violations of laws and standards in relation to the construction of the Morava Motorway.

CAO Action

In October 2023, CAO found the complaint eligible for assessment. According to information received during the assessment, the complainant, the project implementer, MIGA’s guarantee holder, and MIGA are working to find a resolution to the issues raised in the complaint. 

Status

The assessment process is ongoing. Status as of December 1, 2023.

*Note: The CAO assessment process does not entail a judgment on the merits of the complaint, rather, it seeks to understand the facts and empower those involved to make informed decisions on how to address the issues raised. 

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