Business

Investments in Transport Infrastructure Worth More Than 2.7 Billion Euro

By 25 November 2019

ZAGREB, November 25, 2019 - Transport and Infrastructure Minister Oleg Butković on Monday said that investments in Croatia's transport infrastructure were valued at more than 20 billion kuna and that most of these investments went to the road sector.

Butković was attending a conference on the future of Croatia's transport system, organised by the Via Vita roads' association, about current road, railway, sea and air transport and of the strategy, financing, public procurement, and construction of infrastructure.

Commenting on the ongoing projects, he cited the future Pelješac Bridge, a bypass road around Omiš, an access road to the Rijeka ring road and so on.

Speaking of procurement procedures, Butković made reference to long appeals procedures which often make it difficult to close financial constructions for various projects.

He added that the law that regulates this has been aligned with EU directives and that a balance needs to be found so that appeals processes are resolved more quickly and that possible abuse is diminished.

As for road transport investments, he also mentioned projects referring to the infrastructure within the pan-European 5C corridor, the motorway to Sisak, the Istria Y-motorway and the future, second tunnel through Učka as well as completing the Zagreb-Macelj motorway and fast roads in Zagorje, Bjelovar.

"We need to be grateful for EU funds, which help us to resolve large investment," he underscored and added that along with economic growth, Croatia's budget is all the more stable and is opening opportunities for the country to slowly resolve the question of investments from the state budget in collaboration with international institutions.

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