Euro Bank lends Croatian port euros100m
The European Investment Bank (EIB) says it is lending Croatia's Port of Zadar Authority euros100m (US$138m) to build a new ferry port at Gazenica, about 2 miles south of Zadar city centre. The bank doesn't say how much the total project is costing but says EIB is co-financing it together with Germany’s KfW, which will lend euros120m, and the Croatian government which will provide the “remainder”.
A statement says: “The EIB loan will finance the design, supervision, and construction of the infrastructure of the new port and other related works, including the necessary environmental mitigation measures. It will support, for example, the maritime works, including undersea rock excavation, construction of a secondary breakwater, reclamation of about 23.7 ha of land and the construction of a new fishing port.”
In addition, the EIB claims, the new port will provide additional berthing capacity for larger international ferries and modern cruise ships and international standard onshore facilities for passengers and vehicles. Draught depths in the new ferry port will range from 6 metres at the islands terminal to 13 metres at the cruiser berths of the international terminal.
Mr Matthias Kollatz-Ahnen, EIB Vice-President, commented: “I appreciate very much the project signed today, which creates new opportunities for the historical (sic) city of Zadar and at the same time strengthens the harbour’s European links. It will increase the berthing capacity for domestic and international ferry vessels and cruise ships, thus improving links between Zadar and Croatia’s islands and other countries of the Mediterranean area.”
A statement says: “The EIB loan will finance the design, supervision, and construction of the infrastructure of the new port and other related works, including the necessary environmental mitigation measures. It will support, for example, the maritime works, including undersea rock excavation, construction of a secondary breakwater, reclamation of about 23.7 ha of land and the construction of a new fishing port.”
In addition, the EIB claims, the new port will provide additional berthing capacity for larger international ferries and modern cruise ships and international standard onshore facilities for passengers and vehicles. Draught depths in the new ferry port will range from 6 metres at the islands terminal to 13 metres at the cruiser berths of the international terminal.
Mr Matthias Kollatz-Ahnen, EIB Vice-President, commented: “I appreciate very much the project signed today, which creates new opportunities for the historical (sic) city of Zadar and at the same time strengthens the harbour’s European links. It will increase the berthing capacity for domestic and international ferry vessels and cruise ships, thus improving links between Zadar and Croatia’s islands and other countries of the Mediterranean area.”