The EBRD has signed agreements for its support of the construction of four sections of motorways on Corridor 5C in Bosnia and Herzegovina and the Republika Srpska. The European Bank for Reconstruction and Development has earmarked €500m for work on the BiH side and the rest goes to Republika Sprska for work on a total of 70 km of motorway. The signings took place during the third Western Balkan Investment summit in London where the importance of such infrastructure investments to the region’s economic development was stressed.