Release date: 5 February 2008
Promoter – Financial Intermediary
Republic of Hungary, acting through the Ministry of Finance.Location
Description
Design, build, finance and operation (DBFO) of a new 2x2 motorway from Dunaujvaros to Szekszard (66 km) on the M6 corridor (TENs V/c).
Objectives
The project is part of the TEN network V/c and thus part of the high capacity cross-border link to a likely Member State in the near future (Croatia) and further to Bosnia & Herzegovina and the Adriatic Sea. The financing of the project would be in line with the Bank’s transport TENs policy.
Sector(s)
Proposed EIB finance (Approximate amount)
In the order of EUR 300 million
Total cost (Approximate amount)
In the order of EUR 600 million (preliminary estimation).
Environmental aspects
The proposed project will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB and in line with EU environmental policy. In particular, a formal EIA is required in compliance with the requirements of the EU EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. EU Habitats Directive 92/43/EEC requires an assessment of the impacts of the investment on the natural habitat and habitat of species, as well as any Natura 2000 sites.
Procurement
The contracting authority is a public promoter obliged to comply with the European Directives 2004/17/EC and 2004/18/EC of 31 March 2004 and National Public Procurement legislation. The call for tender was published in the OJEU and was launched in December 2007.
Status
Signed - 1/08/2008
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).