Date of effectiveness: 2009
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.