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EBRD, Croatian highway company to sign EUR50 million loan agreement

Autor: ;half;
ZAGREB, July 24 (Hina) - The Rijeka-Zagreb Highway company and the European Bank for Reconstruction and Development will sign a EUR50 million loan agreement on July 26 for the construction of a 44.26 km section of the highway connecting the northern Adriatic seaport and the capital.
ZAGREB, July 24 (Hina) - The Rijeka-Zagreb Highway company and the European Bank for Reconstruction and Development will sign a EUR50 million loan agreement on July 26 for the construction of a 44.26 km section of the highway connecting the northern Adriatic seaport and the capital.

A guarantee agreement will also be signed between the Finance Ministry and the EBRD on the financing of said project.

The loan was approved for a 25-year period, with four years' grace and guarantees provided by the government, the company said on Monday.

(Hina) ha

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