Croatian Motorway Concession – 50 Years, 3 Billion Euros

Croatia needs to lease out the operation of its motorways for 50 years, which will earn them 3 billion euros. That is the recommendation from the consultants charged with advising the Croatian government in the Croatian Motorway Concession process.

Banking giants Erste Group from Vienna, together with Deloitte and Wolf Theiss Rechtsanwalte from Zagreb were given the consultancy job last year and have recommended the longer concession period as they say it is the only way to attract potential investors, reports net.hr.

The Croatian government will make a final decision on the concession model recommendations. Once a decision is made then an international tender will be announced which will last between 12 and 14 months. The motorway concession according to reports will include 1050 kilometres of motorway including; Bregana – Zagreb – Lipovac, Zagreb – Split – Ravca, Zagreb – Rijeka, and Zagreb – Gorican.