Croatia opens 17.5-km section of Corridor Vc motorway – EBRD

The EBRD’s financing was complemented by a 52 million euro loan from the Croatian bank for reconstruction and development (HBOR), the lender said in a press release.

In addition to this section, EBRD Bank is also financing a 5-km stretch of motorway between Beli Manastir and the Hungarian border, due for completion in 2024.

Corridor Vc is a major international transport link connecting Hungary and eastern Croatia to Bosnia and Herzegovina and the Adriatic Sea. The majority of the 702-km route crosses Bosnia and Herzegovina and is a key priority for the EBRD and its partners, in particular the European Union.

The completion of the Croatian part of Corridor Vc will enable full integration of the eastern areas of the Slavonia region into the road network and facilitate traffic connections between Croatia and Hungary, contributing to the economic development of the wider region, the lender said.

According to the Croatian government's website, the official opening of the section was held on December 2.

($= 0.946 euro)