Funding for Croatia's road infrastructure

The European Investment Bank (EIB) has approved two loans worth €85 million for Croatia's road infrastructure. The first part of the loan is worth €60 million and will be used for construction of the Corridor Vc highway. The deal was signed between the EIB and Croatian motorways company Hrvatske Autoceste (HAC). The loan will finance 50% of the construction of the Corridor Vc highway. This includes a 12.5km section of the highway along the southern and northern part of the border with Bosnia and Herzegovina
May 8, 2012 Read time: 1 min
RSSThe 1054 European Investment Bank (EIB) has approved two loans worth €85 million for Croatia's road infrastructure. The first part of the loan is worth €60 million and will be used for construction of the Corridor Vc highway. The deal was signed between the EIB and Croatian motorways company 5454 Hrvatske Autoceste (HAC). The loan will finance 50% of the construction of the Corridor Vc highway. This includes a 12.5km section of the highway along the southern and northern part of the border with Bosnia and Herzegovina. The loan has been signed over a 25 year repayment period.

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