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Summary sheet

Release date
29 June 2010
Status
Reference
Under appraisal | 29/06/2010
20100163
Project name
Promoter - financial intermediary
Motorway M43 Szeged-Makó

Republic of Hungary represented by the National Development Agency

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 143 million.
EUR 298 million.
Location
Sector(s)
Description
Objectives

The project consists of the construction of 31 km greenfield 2x2 motorway between Szeged and Makó and of a 7.66 km 2x1 trunk road (Makó bypass) under the Hungarian Transport Operational Programme.

The proposed project will form a link in the central and southern part of Pan-European transport corridor IV connecting Budapest with Romania, Bulgaria and Turkey. This section corresponds to the northern priority TEN-T axis No. 7 connecting Patras, Athens, Sofia and Budapest. It is part of the radial development system around Budapest and provides a link from M5 at Szeged to Makó near the border with Romania.

Environmental aspects
Procurement

The project’s main negative impacts are the ones normally expected from a greenfield motorway, namely, loss of agriculture and natural land, severance, noise and air pollution.

The positive impacts relate to improved safety and the reduction of noise and air pollution in the localities along the existing N°43 national road.

The M43 motorway section falls under Annex I of the EIA Directive and was subject to a full EIA. The final environmental permit was issued in 1995, modified in 1999 and its validity extended in 2004. The trunk road section falls under Annex II of the EIA Directive and according to the local legislation at the time of application, was screened for not requiring an EIA. However environmental studies have been undertaken and a final permit construction was issued in 2004.

The project implementation is managed by the NIF Zrt. (National Infrastructure Developing Private Co. Ltd.) which is a public company obliged to comply with the European and National Public Procurement legislation. Most of the works and services related to the implementation of the project have been already procured accordingly and the remaining will follow the same procedures.

Link to source

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).

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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.
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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.

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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.

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