ZAGREB, Dec 13 (Hina) - The Croatian Highways company (HAC) on Friday signed agreements on two loans - one with the European Bank for Reconstruction and Development (EBRD) and the other with the European Investment Bank (EIB), worth
EUR95.5 million. The loans will be used to for the reconstruction of a total of 201 kilometres of existing highways in the Croatian part of the 10th European corridor.
ZAGREB, Dec 13 (Hina) - The Croatian Highways company (HAC) on
Friday signed agreements on two loans - one with the European Bank
for Reconstruction and Development (EBRD) and the other with the
European Investment Bank (EIB), worth EUR95.5 million. The loans
will be used to for the reconstruction of a total of 201 kilometres
of existing highways in the Croatian part of the 10th European
corridor. #L#
The EUR46.5 million loan with the EBRD is signed for a 15-year
period and is to be paid in 24 equal instalments. The EUR50 million
loan with the EIB is signed for the same period. The state has issued
guarantees for both loans.
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