Roads III (ISPA) Project

Promoteur – Intermédiaire Financier

Ministry of Transport & Water Management and the Road Management and Coordinating Directorate /UKIG

Lieu

• Hongrie

Description

Financing of investment schemes in the roads sector with the aim to achieve 11.5ton load bearing capacity; the retained investment schemes are also eligible for EU grant financing (ISPA)

Objectifs

The loan proceeds will contribute to the rehabilitation and modernization of individual investment schemes and lead to a reduction of vehicle operating and maintenance costs. Retained schemes will be implemented to achieve compliance with current EU levels so that the project assists Hungary in its EU accession efforts.

Secteur(s)

• Transports

Montant BEI envisagé (montant approximatif)

In the order of EUR 60 million

Coût total (montant approximatif)

In the order of EUR 150 million

Aspects environnementaux

The Bank in close co-operation with ISPA will require the promoters to ensure compliance of the individual investment schemes with relevant national and EU Directives.

Passation des marchés

The related works contracts will be awarded by open international tendering as per the standard requirements of the Bank and ISPA.

Statut

Signé - 16/12/2002