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

  • US$905 million loan for Philippines road
    January 29, 2025
    A US$905 million loan for a Philippines road project
  • Nicaragua road widenging and repair budgets
    March 6, 2018
    Nicaragua’s capital Managua is to benefit from a project to widen and upgrade the Pista Juan Pablo II road. Funding is being provide from a number of sources. The European Investment Bank (EIB) is providing US$136 million while the Central American Bank for Economic Integration (CABEI) is providing $105.5 million. The council of Managua meanwhile will provide $33.4 million. The work will see upgrades to 9.55km of the route, which also includes building new flyover sections.
  • European infrastructure finance plans
    May 15, 2012
    The President of the European Commission José Manuel Barroso has unveiled his plans to raise new sources of finance to fund EU infrastructure projects. In a key 'State of the Union' address to the European Parliament, he said it would involve the establishment of EU project bonds issued in conjunction with the European Investment Bank (EIB).
  • Romanian road project
    February 29, 2012
    Romania's new Basarab-Constanta highway stretch and the Constanta ring road will be partially open for traffic in July 2011.