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

  • Bosnia road tunnel project
    December 4, 2020
    A key Bosnian road tunnel project is underway.
    Read More
  • Bulgaria plans for operating road infrastructure
    February 21, 2012
    There is a lot of work to do on Bulgarian roads, but the government has plans to increase the length of highways built each year as Krasimir Krastanov reports. Bulgarian roads with a pavement make up 98.4% of all the country's roads, while 92.5% of them have an asphalt surface and 82.8% of them are able to carry 10tonnes/axle.
    Read More
  • EC approves Croatia’s Istarski Ipsilon – Istsrian Y - expansion
    June 22, 2018
    The European Commission has approved €165 million for expansion and upgrading of Croatia’s Istrian Y - Istarski Ipsilon - road network. The Istrian Y on the northern Istrian peninsula near Italy consists of a section of the A8 betweenb Matulji-Kanfanar and a section of the A9, from the Slovenian border-Kanfanar-Pula. The name is derived from the geographic layout of the highway network that takes the shape of the letter ‘Y’. The three stretches meet at the Kanfanar Interchange in south central Istria.
    Read More
  • Serbia’s pan-European Corridor X is in the slow lane
    October 23, 2017
    It’s been slow progress on Serbia’s Corridor X project. Gordon Feller reports. Back in the early 2000’s, the European Union undertook an ambitious programme to link the main cities of its south-eastern region. This involved connecting five key seaports – the Greek cities of Patras, Igoumenitsa, Piraeus and Thessaloniki as well as Romania’s Black Sea city of Constanta. Initially the plan involved two motorways across Greece. The first was a new 780km route including a branch to Ormenio on Greece’s north-eas
    Read More

Highlighted Content