Skip to main content

EBRD supports extension of Romanian motorway network and trans-European links

The European Bank for Reconstruction and Development (EBRD) is supporting the construction of new sections of the D4 highway and the R7 expressway in the Slovak Republic with debt facilities of up to US$159 million (€150 million). The funds are part of a larger package totaling US$987 million (€875 million) provided to the concessionaire Zero Bypass under a public-private partnership (PPP) scheme. Other participants include the European Investment Bank (EIB), the Slovak Investment Holding, Instituto de
June 22, 2016 Read time: 2 mins
The European Bank for Reconstruction and Development (EBRD) is supporting the construction of new sections of the D4 highway and the R7 expressway in the Slovak Republic with debt facilities of up to US$159 million (€150 million).

The funds are part of a larger package totaling US$987 million (€875 million) provided to the concessionaire Zero Bypass under a public-private partnership (PPP) scheme. Other participants include the European Investment Bank (EIB), the Slovak Investment Holding, Instituto de Credito Oficial (ICO in Spain) and Unicredit, CSOB, SMBC and Credit Agricole as commercial lenders.

The investment includes sections of the D4 highway, totalling 27 kilometres and which are parts of the comprehensive Trans-European Network development programme. Together with the R7 expressway, they will provide a connection between the D1 and D2 highways in the Slovak Republic. The R7 expressway, with a total length of 32 kilometres, will connect the D4 and D1 highways and provide access to the city of Bratislava from the south east. It will also improve the connection between the industrial zones and urban districts of the country.

EBRD says the new road sections will play an important role in easing traffic congestion around Bratislava, open up access to other parts of the country and connect the Slovak Republic with Trans-European Networks.

Zero Bypass is owned by 802 Macquarie Corporate Holdings, 5428 Cintra Infraestructuras International and Porr. Following an open tender process, the company won the contract to design, build, finance, operate and maintain the newly-built sections of D4 and R7 for 30 years.

Related Content

  • June 11, 2012
    EBRD helps improve public transport system in Arad, Romania
    The European Bank for Reconstruction and Development (EBRD) is continuing to support improvements to public transport systems in Romania with a loan of up to US$25.75 million to the city of Arad to finance the acquisition of new energy efficient trams. The financing will support the city’s wider objective of restructuring its public transport system and improving efficiency, as well as reducing traffic congestion and air pollution in Arad.
  • July 15, 2016
    EBRD finances road repairs and upgrades in Eastern Europe
    The European Bank for Reconstruction and Development (EBRD) is providing a sovereign loan of up to US$86 million (€65 million) to Bosnia and Herzegovina to support an infrastructure programme aimed at repairing and upgrading the country’s road network, which has been damaged by severe floods in recent years. The improvements to the network will support regional connectivity, making it easier for domestic companies to transport their products to local and regional customers. Supporting regional integratio
  • August 6, 2015
    Vinci consortium to complete and operate Regina Bypass
    Regina Bypass Partners, a subsidiary of Vinci Concessions, in partnership with Parsons Enterprises, Connor Clark & Lunn GVest fund and Gracorp Capital, has signed a public-private partnership contract with the Saskatchewan Ministry of Highways and Infrastructure with a term of 30 years for the completion and operation of the highway bypass of Regina, the capital city of the province of Saskatchewan in Canada. The project, which represents a total investment of around US$1.4 billion, includes the design,
  • February 2, 2012
    Carbon finance delivers critical support to mass transit schemes
    David Crawford investigates carbon finance in transport. World Bank carbon finance grants are delivering critical support to major mass transit deployments in emerging and developing economies. Only recently operative in the transport sector, the Clean Development Mechanism (CDM, see panel) is designed to generate additional income streams and improve internal rates of return on projects funded from public- and private-sector sources.