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    Reference: 20170828
    Release date: 9 March 2018

    Promoter – Financial Intermediary

    PUBLIC ENTITY(IES)

    Location

    Description

    Upgrading and widening the M15 expressway to a 2-lane double-carriageway motorway between the M1 Motorway and Rajka at the Hungarian and Slovakian border.

    Objectives

    This project will upgrade the 14.5-km long M15 expressway to a 2-lane dual carriageway motorway, with emergency lanes, separation of directions, interchanges and a maximum speed of 130 km/h, matching the standard of the adjacent D2 motorway in Slovakia and the M1 motorway in Hungary.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 17 million

    Total cost (Approximate amount)

    EUR 73 million

    Environmental aspects

    The Hungarian national law was followed on Environmental Impact Assessment (EIA), which is compliant with the EIA Directive 2011/92/EU, the Habitats Directive 92/43/EEC, and the Birds Directive 2009/147/EC. The construction and operation of the project is expected to impact soils, ground and surface waters, flora and fauna, landscape, built environment, air quality and noise. Natura 2000 special bird reservation area is found all along the track. Measures to reduce impacts are included in the project design and consist of landscaping, water and soil protection, vegetation planting and integration of noise protection measures. Since the scope of works is limited to widening and upgrade, the completed project is expected to have minimal negative effects on the environment and is expected not to breach EU directives on biodiversity.

    Procurement

    The promoter has tendered works and supervision contracts in accordance with the relevant applicable EU procurement legislation, Directive 2014/24/EU, with the publication of tender notices in the Official Journal of the European Union in 2016. Both Works and Engineering contracts were signed in August and March 2017, respectively.

    Status

    Approved - 16/03/2018

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Hungary Transport