EC approves Croatia’s Istarski Ipsilon – Istsrian Y - expansion

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.
June 22, 2018 Read time: 2 mins

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.

The complex was built and is maintained by the Croatian company BINA Istra, founded in 1995. The concession agreement was for 32 years, until 2027.

Ownership of the Bina Istria is BINA Fincom (67%), Bouygues (16%), Hrvatske autoceste (14.8%) and Istarska autocesta (2.2%).

The north-east section of the ‘Y’ is a 64km stretch of the A8 from Matulji and finishes at the Kanfanar interchangem where it meets the A9. Along this A8 section is the 3.4km Učka Tunnel, the third longest in Croatia and opened in 1981.

The northwest branch of the Istrian Y is a 77km A9 section connecting the Croatian-Slovenian border near Sečovlje. Along this section is Croatia’s highest bridge, the 520m-long girder Limska Viaduct, opened in 1991 and rising 120m above ground.

Finance & Funding

Related Content

  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
    Read More
  • Congestion and safety concerns over Serbia’s roads
    February 23, 2012
    With traffic flows on the increase, Serbia needs to improve its road network and safety record, reports Gordon Feller. Serbia's road network needs to upgrade its road system against the backdrop of increased traffic flows. Serbia is crossed by segments of the important Trans European network (TEN). Corridor X with its branches Xb (Belgrade-Budapest) Xc (Nis-Sofia), and Xd (Nis-Presevo), represent the most important transit routes in the Republic, connecting Austria/Hungary, Slovenia/Croatia, and Bulgaria/Ma
    Read More
  • How Florida paved the way for availability payments in the US
    November 21, 2014
    New financing models have been used to deliver key transport links in the US - * Patrick D Harder and Brandon J Davis Florida Department of Transportation’s (FDOT) public-private partnership (PPP) programme has made impressive progress, setting precedents for US transportation planning and funding. On March 26th 2014, FDOT opened 16km of new reversible express lanes as part of its US$1.8 billion I-595 Corridor Roadway Improvements Project. Just a few months later, on August 3rd 2014, FDOT opened twin tunnel
    Read More
  • Calabria to invest in ambitious Magna Grecia cycle path
    August 10, 2017
    Italy’s Calabria region has estimated it will need around €150 million to create one of Europe’s longest paved cycle paths, the Magna Grecia. The 1,000km route would also need involvement from the neigbouring regions of Basilicata - also known as Lucania – to the north and the island of Sicily to the south. Calabria, which occupies the so-called toe of the country’s boot-shaped peninsula, is one of Italy’s sunniest and hottest regions. Geography ranges from rugged mountains to dramatic coastlines along the
    Read More

Highlighted Content