Release date: 22 September 2011
Promoter – Financial Intermediary
Municipality of Budapest
Rehabilitation of the Margit bridge and the connecting transport system in Budapest. The bridge is part of the national cultural heritage, an important connection between the two sides of the city center over the Danube also providing access through a wing-bridge to the Margit Island, a central recreation area.
The project will contribute to improving the service level for the public transport and the non-motorised individual traffic, including construction of cycle paths, while preserving the bridge’s functionality to serve individual car traffic.
Under Framework Loan
Proposed EIB finance (Approximate amount)
EUR 87 million
Total cost (Approximate amount)
EUR 110 million
The project has not been classified under Annex I or Annex II of the EIA Directive by the local competent authority. Compliance with environmental legislation will be verified during appraisal, notably for environmental impact and nature conservation aspects.
The Promoter is a public company obliged to comply with the European and National Public Procurement legislation.
Under appraisal - 22/09/2011
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).