Release date: 13 March 2020
Promoter – Financial IntermediaryREPUBLIC OF CROATIA
The project consists of the construction of a 32.5 km alternative road entirely within Croatia to bypass the two border crossings with Bosnia and Herzegovina (BiH) to cross the BiH Neum coastal land strip. The project includes the 2.4 km long Peljesac bridge and also 12 km of access roads, the improvement of 10.2 km of the existing D414 road and the construction of a 7.9 km bypass around the village of Ston.
The project's objective is to connect the northern and southern parts of the Dubrovnik-Neretva county via the Peljesac peninsula with a road link entirely within Croatia.
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 63 million
Total cost (Approximate amount)
EUR 515 million
The project will be required to comply with the relevant national legal framework, and to be in line with EU environmental policies. The Promoter has already provided some documentation, the compliance with the Environmental Impact Assessment (EIA) Directives will be discussed and verified during appraisal.
The promoter has to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation. During appraisal, the Bank will review the appropriateness of the procurement procedures and require that they are compliant with the applicable EU directives.
Approved - 23/04/2020
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).