Release date: 25 September 2023
Promoter – Financial Intermediary
DRUZBA ZA AVTOCESTE V REPUBLIKI SLOVENIJI DDLocation
Description
The project will finance the construction of a 9.8 km dual carriageway expressway and eastern bypass of the city of Novo Mesto, in southern Slovenia, from the junction with the A2 motorway in the north to Poganci in the south.
Objectives
The aim is to alleviate traffic congestion in the city centre, thereby improve urban mobility, road safety and air quality in Novo Mesto. It will also foster further economic development in and around Novo Mesto and the connection with Croatia.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 120 million
Total cost (Approximate amount)
EUR 240 million
Environmental aspects
The project, which is well-integrated into the city's sustainable urban mobility plan, is included in the Transport Development Strategy of the Republic of Slovenia, for which a Strategic Environmental Assessment (SEA) has been carried out. The Ministry of the Environment and Spatial Planning issued the SEA Decision No. 35409-24/2012/74, dated 21 July 2015.
Procurement
The operation is considered a public sector operation, and the works will be tendered under open procedure.
Status
Approved - 16/10/2024
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).