As Poslovni Dnevnik writes on the 10th of August, 2020, The Minister of Maritime Affairs, Transport and Infrastructure, Oleg Butkovic, said on Saturday that the extension of the Bina-Istra concession (which will go on until 2039) implies an investment of 197 million euros and that the full profile of the Istrian Y should be completed by the time the next Croatian tourist season rolls around.
He also noted that the second pipe of the Ucka tunnel and the full profile of the highway should be completed by the year 2024.
“Yesterday we received news that the European Commission (EC) has approved the plan for the Republic of Croatia to extend the Bina-Istra concession until the year 2039, which includes an investment worth 197 million euros, this involves the second pipe of the Ucka tunnel and the full profile of the Kvarner highway, which is in Primorje-Gorski Kotar county,” stated the Minister of Maritime Affairs, Transport and Infrastructure.
”The contract for that will be extended until the year 2039, although we believe that the loans will be repaid earlier and that we’ll repay the investment by the year 2037, after which everything will become the property of the Republic of Croatia, the entire Istrian Y, including the two pipes of the Ucka tunnel,” Oleg Butkovic said.
The Minister noted that the full profile of the Istrian Y to the Ucka tunnel is being built, that it will be finished by the beginning of the time 2021’s tourist season arrives, and that the second pipe of the Ucka tunnel and the full profile of the motorway should be finished by the end of 2023.
“It is a continuation of construction and investment in large infrastructure projects, with a special emphasis placed on transport in Croatia,” noted Minister Oleg Butkovic, emphasising that around 25 billion kuna is now being invested.
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