Release date: 28 November 2002
Promoter – Financial Intermediary
General Directorate for National Roads and Motorways (GDDKiA)Location
Description
The operation comprises the construction of 16 new single and dual carriageway bypasses located throughout the national road and expressway network
Objectives
Increased efficiency of the road transport sector by generating benefits such as savings in travel times, vehicle operating costs and improved safety, in addition to environmental benefits to the urban environment.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 380 million
Total cost (Approximate amount)
EUR 540 million
Environmental aspects
The schemes included in the project are designed to comply with relevant environmental regulations, including Environmental Impact Assessments where relevant. One objective of the by-passes is to reduce urban environmental degradation in town and villages traversed by through traffic.
Procurement
Compliant with EU Directives.
Status
Signed - 11/10/2002
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).