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REHABILITATION OF MOTORWAYS

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Croatia : € 50,000,000
Transport : € 50,000,000
Signature date(s)
13/12/2002 : € 50,000,000
Link to source

Summary sheet

Release date
5 July 2002
Status
Reference
Signed | 13/12/2002
20020008
Project name
Promoter - financial intermediary
Rehabilitation of Motorways
Hrvatske Autoceste d.o.o. (Croatian Motorways Ltd.) - CML
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approximately EUR 70 million
N/A
Location
Sector(s)
Description
Objectives

Rehabilitation of 418 km of existing motorways in Croatia, most of them on the Pan European Corridors X and Xa.

The Croatian Government has recently decided to accelerate the construction and the rehabilitation of motorways throughout the country.

Environmental aspects
Procurement

The project will have considerable impact on the environment, and the implications of this both on a formal and a substantive level will have to be carefully verified.In accordance with its normal procedures, the Bank will ensure that appropriate measures (including EIAs similar in practice to those required by EU law) will be taken with respect to environmental protection and that any possible negative impact will be studied and appropriate mitigating measures taken in good time.

EIB procedures for international procurement would be applied, where applicable.

Comments

Roads

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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