EIB to lend €100 mln to Port of Zadar in Croatia

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The European Investment Bank is lending €100 million to the Port of Zadar Authority (Lucka Uprava Zadar) to finance the construction of the infrastructure of the new ferry port for Zadar.

The new project will be located at Gazenica, 3.5 km south of Zadar’s city centre. The project is being co-financed by the European Investment Bank, Germany’s KfW (which will lend €120 million) and the Croatian Government (which will provide the remainder).

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 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 meters at the islands terminal to 13 meters at the cruiser berths of the international terminal.

Matthias Kollatz-Ahnen, EIB Vice-President, commented: “I appreciate very much the project signed 2007-09-07, which creates new opportunities for the historical 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”. (infrasite.nl)

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