Release date: 15 July 2005
Promoter – Financial Intermediary
Hrvatske Ceste d.o.o. (Croatian Roads Ltd.).Location
Description
Rehabilitation of 53 sections of state roads, a total of 687 km, during the period 2005-2008.
Objectives
The project should lead to a halt in the deterioration of national roads and an increase in road safety and driving comfort as well as resulting in a lowering of future needs for major investments.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 60m.
Total cost (Approximate amount)
EUR 218 m.
Environmental aspects
The project consists primarily of the rehabilitation of existing sections of the national road network and therefore, under EU Directive 97/11/EC, environmental impact assessments are not required. Where the works include widening, the addition of climbing lanes or the construction of new sections of the route, Annex II of the Directive may apply.
Procurement
All the construction contracts and the works supervision contracts will be advertised under international tendering procedures, including publication in the Official Journal of the European Union.
Status
Signed - 12/12/2006
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).