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Reference: 20140664
Release date: 11 May 2015

Promoter – Financial Intermediary

Nemzeti Infrastruktúra Fejleszto Zrt (NIF – National Infrastructure Development Company)

Location

Description

The project is a major project allocation under a Regional Accessibility Co-Financing Framework Loan and consists of the rehabilitation and new construction of approximately 39 km of Road 62 (2x1 lanes) between Székesfehérvár and Dunaújváros (M8 new Danube bridge) in Hungary.

Objectives

Road 62 plays an important role in the connectivity between the eastern and western parts of Hungary, connecting the M8 motorway bridge south of Dunaújváros. The road rehabilitation, including pavement strengthening and bypass construction, will reduce journey times and vehicle operating costs, and improve accessibility and traffic safety.

Comments

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 19 million

Total cost (Approximate amount)

EUR 71 million

Environmental aspects

The project was included in recent strategies and programmes subject to the Strategic Environmental Assessment (SEA) Directive 2001/42/EC. The project is a class of development that falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. The construction of the Seregélyes bypass was subject to preliminary environmental assessment (EIA screening). The Environmental, Nature Conservation and Water Management Inspectorate (the Inspectorate) concluded that the project would not have a significant environmental impact. The cumulative impact was considered under an environmental performance evaluation; this was accepted by the Inspectorate in 2011.

Procurement

The promoter is a public entity obliged to comply with European and national public procurement legislation. Works and service contracts were procured for the four project sections and lots. Five design service, four construction works and three supervision service contracts were published in the Official Journal of the European Union, in accordance with Directive 2004/18/EC, using open procedure, and were awarded on lowest price.

Status

Approved - 12/06/2015

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).

Related tags

Hungary Transport