Summary sheet
Republic of Hungary, acting through the Ministry of Finance.
The project consists of the co-financing with the European Regional Development Fund of investments in the road sector included under the Improvement of Regional Accessibility priority of the Hungarian Transport Operational Programme 2007-13. It aims at improving regional accessibility by upgrading and/or increasing traffic and load-bearing capacity of connecting roads to the TEN network in Hungary. It will also co-finance the construction of a number of by-passes to towns crossed by national roads presently suffering from the transit of long-distance traffic.
The projects to be co-financed by the Bank will be structured to meet the priorities set in the Transport Operational Programme Infrastructure and shall contribute to assist Hungary in achieving further convergence in levels of social development with the rest of EU.
As a new member of the Union, Hungary has harmonised its environmental legislation with the relevant EU Directives. All investments that may benefit from EU support must fully comply with EU requirements. Taking into account that the majority of the projects will relate to extension of capacity of existing roads and by-passes, no major environmental issues are in principle expected.
Tenders will be organised in compliance with EU requirements, a precondition for EU grant support. Tender notices will be published, as appropriate, in the EU Official Journal.
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).
News & Stories
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications