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.

For more information on companies in this article

Related Content

  • JP Autoceste eyes 2020 as completion date for Bosnia’s Corridor 5c
    March 3, 2016
    Around two-thirds of the Corridor 5c motorway project is expected to be completed by 2020, according to the director of the Bosnian motorways company JP Autoceste. Jasmin Buco said that 120km out of 337km of the motorway are complete. The corridor section, to connect Budapest with Ploce port in Croatia, is taking the most time. He said that the cost of the remaining part of the motorway is expected to be around €2.81 billion.
    Read More
  • A major highway deal has been awarded by the Bosnian authorities
    May 25, 2012
    Construction work is now going ahead on the Suhodol-Tarcin section of Bosnia’s Corridor Vc highway. The Bosnian Government and highway company Autoceste FBiH Mostar signed a contract with Turkish company Cengiz Insaat Sanayi ve Ticaret for this section of the Corridor Vc highway. The deal is worth €115.2 million and will be for construction of a total of 5km of the motorway. The work is expected to take 28 months to complete. However a consortium of five construction companies from Bosnia and Herzegovina is
    Read More
  • Bosnia: more funds for Corridor C5 work
    June 25, 2021
    Bosnia’s national road agency Autoceste FBiHreports reports that 92km of Corridor 5C have been completed.
    Read More
  • Croatia-Bosnia connection
    October 2, 2018
    The Svilaj Bridge connecting Croatia and the Federation of Bosnia and Herzegovina is nearly 40% complete, according to the contractors and the Croatian Motorways Directorate. Locally, the Svilaj Bridge – financially a 50-50 project between the two countries - is part of a motorway running from Beli Manastir to Osijek and on tyo Svilaj. But the route is also part of the motorway Budapest-Osijek-Sarajevo-Plocˇ which is the Pan European Corridor Vc (Corridor 5, branch c) connecting Budapest with the Adriatic.
    Read More

Highlighted Content