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

  • A11 Belgium motorway is first EIB Project Bond Initiative funded project
    March 27, 2014
    Belgium’s €577.9 million A11 motorway Public-Private Partnership (PPP) project has become the first greenfield infrastructure works to receive credit enhancement under the European Commission and EIB (European Investment Bank) Project Bond Initiative. The financing, secured by an EIB letter of credit, is part of the test phase for the 2012 Brussels-launched Project Bond Initiative aiming to invigorate capital market financing for infrastructure projects. The A11 motorway is due for completion in 2018. The
    Read More
  • EBRD financing for Albania and Kosovo
    December 16, 2020
    Financing from the EBRD will pay for works in Albania and Kosovo.
    Read More
  • New Zealand tunnel project
    May 23, 2012
    New Zealand’s Waterview tunnel project in Auckland will provide a key link in, boosting capacity and safety while reducing congestion and journey times. A consortium will handle the work for the Waterview Connection road, in a deal worth $1.15 billion (NZ$1.4 billion). The Well Connected consortium includes local company Fletcher Construction as well as other New Zealand and overseas firms. The deal is of note as it will be New Zealand’s single largest highway project and work is due to commence in November
    Read More
  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
    Read More

Highlighted Content