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.

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