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Reference: 20150204
Release date: 15 July 2015

Promoter – Financial Intermediary

HUNGARY

Location

Description

The project is a major project allocation under the Regional Accessibility Co-Financing framework loan and consists of the rehabilitation of 54 km of single carriageway (2x1 lane) and 7 km of dual carriageway (2x2 lanes) sections of Road 47 between Szeged and Békéscsaba in Hungary.

Objectives

Road 47 is a second class road that connects Szeged and Békéscsaba in the south-east of Hungary. The road has an important local and regional role and also caters for strategic traffic. The rehabilitation of Road 47 is expected to provide economic benefits through travel time savings, improved journey time reliability and reduced vehicle operating costs.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 27 million

Total cost (Approximate amount)

EUR 106 million

Environmental aspects

The project was included in the Transport Operational Programme 2007-2013, the National Transport Strategy and the National Spatial Plan. All were subject to strategic environmental assessment according to 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 project was screened out of further assessment and a full EIA procedure was not required. A screening on nature conservation areas was also undertaken. The project has received environment decisions by the national competent authorities.

Procurement

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

Status

Approved - 22/09/2015

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