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    Reference: 20140592
    Release date: 2 March 2015

    Promoter – Financial Intermediary

    Dubrovnik Airport d.o.o.

    Location

    Description

    The project concerns the expansion and upgrade of Dubrovnik Airport. It includes additional passenger terminal and apron capacity, the rehabilitation of the runway and taxiways, the relocation of the fuel farm and a range of other important infrastructure improvements. The project will be co-financed with EU structural funds and JASPERS has assisted the promoter with the preparation of the project and the application for funding.

    Objectives

    The project will enable the airport to cater for future growth in traffic and improve safety and service standards.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 32 million

    Total cost (Approximate amount)

    EUR 274 million

    Environmental aspects

    The project falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EC. A full EIA was prepared and a favourable environmental decision granted by the competent authority on 13 October 2014. A certificate has also been issued stating that the project has no adverse impact on sites of nature conservation. The content of both the EIA and the environmental decision will be further reviewed during project appraisal.

    Procurement

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directive 2004/17/EC and Dir. 2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC)), with publication of tender notices in the EU Official Journal, as and where required.

    Status

    Signed - 5/10/2015

    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).

    Related tags

    Croatia Transport