21 November 2001
The European Bank for Reconstruction and Development is supporting with a US$56 million loan an important motorway connecting Croatia's capital Zagreb with the port town of Rijecka, a popular destination for tourists and a hub for sea-borne transport. The loan is being provided to Croatia's Autocesta Rijeka-Zagreb (ARZ), a state-owned toll motorway company to build two key sections of the m12 motorway. Completion of the motorway is expected to cut the current journey time between the cities by 30 minutes.
Finance (1) |