The state-owned company “Croatian Motorways” (Hrvatske autoceste — HAC) plans toinvestEUR 1.3 billion in completing the entire motorway to Dubrovnik (Croatia).
By September 30 this year, Croatian Motorways are expected to sign an agreement with ten Croatian banks on refinancing debt in the amount of EUR 1.572 billion, and with seven Croatian banks an agreement on a new loan of EUR 600 million.
With this refinancing and new debt, EUR 1.35 billion will be secured for the completion of the motorway from Metković to Dubrovnik and from Križišće to Žuta Lokva, HAC explains. In addition, they claim, this will also secure around EUR 35 million per year in the long term for regular investment maintenance of the roads and the company’s operational activities.
According to available information, the agreement with the banks on refinancing and the new loan is nearing completion.
Croatian Motorways currently owe EUR 3.03 billion, and under the existing repayment plan, all loans are due to be repaid in 2030. To make loan repayment easier, find funds for new investments, and ensure the normal functioning of the company, it has been agreed with the banks that loan repayment will be extended until 2040.
As can be seen from the map of the state-owned company Hrvatska autoceste (HAC), the southern section of the “Dalmatina” route ends above Dubrovnik, after the Osojnik interchange, and the designers have предусмотрено the continuation of the motorway toPodgorica.