Slovenia's 2TDK in talks for fresh EIB loan for Divaca-Koper railway line

"Loans of up to 250 million euro have already been approved for the project by the EIB in 2019, and 2TDK is in intensive talks with the bank regarding the fulfillment of conditions for concluding a fresh loan agreement," the company said in a statement last week.

2TDK is preparing a second amendment to the investment programme for the project to reflect the price increases of building materials and energy products, 2TDK said.

The investment programme amendment will lead to changes in the timetable for the implementation of the project, the investment value and the structure of resources, the Slovenian company noted.

The second track of the railway should be built in 2025, and the line should be opened in 2026. The project envisages the construction of a 27 km second track, 75% of which consists of tunnels. The total value of the project was initially estimated at 1.2 billion euro.

($ = 1.0105 euro)