Release date: 19 June 2024
Promoter – Financial Intermediary
MINISTRY OF MARITIME AFFAIRS, TRANSPORT AND INFRASTRUCTURELocation
Description
This is an allocation under the EIB's signed project "Railway Development Framework Loan Croatia (2022-0660). The current operation will support the purchase of new modern and strategic track maintenance machinery to be implemented by HZ Infrastruktura (HZI).
Objectives
Investments will make maintenance operations better and more cost-effective as well as improve the network's availability and reliability.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 54 million
Total cost (Approximate amount)
EUR 88 million
Environmental aspects
The project does not fall under either Annex I or Annex II of the Environmental Impact Assessment Directive (EIA) 2011/92/EU (amended by Directive 2014/52/EU). If applicable, the promoter will be required to provide evidence of conformity of the construction of any associated facilities (e.g., maintenance workshops or depots) with the requirements of the EIA Directive, Habitats Directive (92/43/EEC) and/or Birds Directive (2009/147/EC), as well as to ensure that any replaced machinery is disposed of in conformity with the applicable environmental regulations.
Procurement
The promoter has to ensure that contracts for implementation of the project will be tendered in accordance with the applicable EU procurement legislation (2014/25/EU as well as Directive 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
Status
Under appraisal
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).