Skip to main content

Loan helping fund Slovenian highway project

The European Investment Bank (EIB) is providing a loan worth €145 million that will help fund a key highway project in Slovenia. The loan is being given to the Slovenian state highway company DARS for the project to construct a 13km section of the Drazenci to Gruskovje highway. The total cost of the project is €303.4 million. The remainder of the financing required is being provided jointly by the EU and Slovenia itself. Construction work on the project is due to commence in 2015 and continue until mid-2018
June 18, 2015 Read time: 1 min
The 1054 European Investment Bank (EIB) is providing a loan worth €145 million that will help fund a key highway project in Slovenia. The loan is being given to the Slovenian state highway company DARS for the project to construct a 13km section of the Drazenci to Gruskovje highway. The total cost of the project is €303.4 million. The remainder of the financing required is being provided jointly by the EU and Slovenia itself. Construction work on the project is due to commence in 2015 and continue until mid-2018.

For more information on companies in this article

Related Content

  • Danube bridge funding in danger
    May 15, 2012
    The EU is warning Bulgaria that €200 million in funding for the second Danube bridge project may be withdrawn if the work is not finished by the close of 2010. The EU is now considering whether to extend the projects deadline and the contractor building the bridge estimates that the work will not be completed until mid-2011. If funding is withdrawn, Bulgaria's Ministry of Transport hope to seek some financing from the European Investment Bank as well as the Bulgarian state budget.
  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
  • Loan for Bosnia motorway project
    May 9, 2019
    A loan agreement has been signed to help pay for a new motorway project in Bosnia and Herzegovina. The European Bank for Reconstruction and Development (EBRD) is providing the Bosnia and Herzegovina Government with a loan worth €210 million for next stage of Corridor Vc project. According to the EBRD, Bosnia and Herzegovina’s further economic integration with the Western Balkans and the rest of Europe will take an important step forward due to this loan for. The development of Corridor Vc is a strategic
  • FIEC head Willemen welcomes EU Fund for Strategic Investments
    December 3, 2014
    The European Construction Industry Federation (FIEC) has welcomed the European Commission’s latest financial package to boost infrastructure investment in southern Europe.