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Summary sheet

Release date
15 July 2015
Status
Reference
Approved | 22/09/2015
20150205
Project name
Promoter - financial intermediary
ROAD 55
HUNGARY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 49 million
EUR 124 million
Location
Sector(s)
Description
Objectives

The project is a major project allocation under the Regional Accessibility Co-Financing framework loan and consists of the rehabilitation of approximately 70 km of Main Road 55 (2x1 lanes) between Baja and Szeged in Hungary and the construction of a 7 km bypass of Mórahalom.

Road 55 is located on the comprehensive TEN-T road network. The road has both local and strategic functions serving towns and villages along the route and wider transit traffic – principally between Hungary, Slovenia, Croatia and Romania. The rehabilitation of Road 55 is expected to provide travel time savings, improve journey time reliability and reduce vehicle operating costs for road users and reinforce its local, regional and strategic role.

Environmental aspects
Procurement

The project was included in the Transport Operational Programme 2007-2013, National Transport Strategy and the National Spatial Plan. All were subject to strategic environmental assessment according to Directive 2001/42/EC. The project – both the rehabilitation sections and new bypass construction – are classes of development that fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. The project was screened out of further assessment and a full EIA procedure was not required. A screening on nature conservation areas was also undertaken. The project has received environment decisions by the national competent authorities.

The promoter is a public entity obliged to comply with the European and national public procurement legislation. Works, design service and supervision contracts were procured for the four project sections and lots. The contracts were published including in the Official Journal of the European Union (OJEU), in accordance with Directive 2004/18/EC, using open procedure, and were awarded on lowest price.

Related projects
Link to source
Summary sheet

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).

Documents

Non-Technical Summary (NTS) - ROAD 55
Publication Date
23 Sep 2015
Document language
Main Topic
Lending
Document Number
61154080
Document Focus
Environmental Information
Project Number
20150205
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - ROAD 55
Publication Date
8 Dec 2015
Document language
Main Topic
Lending
Document Number
63426099
Document Focus
Environmental Information
Project Number
20150205
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ROAD 55
Publication Date
18 Mar 2017
Document language
Main Topic
Lending
Document Number
70496302
Document Focus
Environmental Information
Project Number
20150205
Sector(s)
Regions
Countries
Publicly available
Download now
Other links
Summary sheet

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.

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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.

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