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    Signature(s)

    Amount
    € 90,000,000
    Countries
    Sector(s)
    Slovenia : € 90,000,000
    Transport : € 90,000,000
    Signature date(s)
    13/02/2020 : € 90,000,000

    Summary sheet

    Release date
    24 May 2018
    Status
    Reference
    Signed | 13/02/2020
    20170985
    Project name
    Promoter - financial intermediary
    KARAVANKE TUNNEL SAFETY UPGRADE
    DRUZBA ZA AVTOCESTE V REPUBLIKI SLOVENIJI DD
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 90 million
    EUR 202 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of the construction of a second tunnel tube, located on the comprehensive Trans-European Transport Network (TEN-T), connecting the A2 motorway in Slovenia with the A11 motorway in Austria. The current single-tube tunnel with two-way traffic does not meet the minimum safety requirements for tunnels in the TEN-T. The construction of a second tunnel tube, combined with the comprehensive renovation of the existing tunnel tube, will ensure that the mandatory safety requirements under Directive 2004/54/EC are met. The project is also expected to improve traffic flow on the network connecting Central Europe with the Balkans.

    The project will lead to increased safety standards, in line with EU requirements, and in turn to a reduced likelihood of traffic accidents as well as to reduced waiting times for domestic and cross-country traffic, often significant due to frequent queues on both sides.

    Environmental aspects
    Procurement

    The project is expected to have a positive impact by reducing carbon dioxide (CO2) and pollutants (Nitrogen Oxide - NOx, hydrocarbons and dusts) emitted in the air by queuing vehicles. With regards to the excavation material, landfills have been identified and relevant approvals have been obtained or approval is in progress. The impact is otherwise deemed as minor or moderate (as to e.g. underground water or dust in the air during the construction period) and relevant mitigation measures are foreseen.

    The public procurement tender for the project was published in the Official Journal of the European Union on 14.12.2017 under the number: 2017 / S 240-497526. The Bank will confirm during the appraisal that the project has been tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/18/EC, where applicable, as well as Directives 89/665/EEC, Directive 2014/24, and Directive 89/665/EEC) as interpreted by the Court of Justice of the EU.

    Disclaimer

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

    Documents

    Environmental and Social Data Sheet (ESDS) - KARAVANKE TUNNEL SAFETY UPGRADE
    Publication Date
    18 Dec 2018
    Document language
    Main Topic
    Lending
    Document Number
    82523553
    Document Focus
    Environmental Information
    Project Number
    20170985
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - KARAVANKE TUNNEL SAFETY UPGRADE
    Publication Date
    8 Feb 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    88670576
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20170985
    Last update
    8 Feb 2019
    Sector(s)
    Transport
    Countries
    Slovenia
    Publicly available
    Download now

    News & Stories

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