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Croatia - Učka Tunnel second tube construction starts

    Bogdan A. Dašić

    Construction of the 2nd Učka Tunnel started on Tuesday 15 December. Croatian Prime Minister Andrej Plenković attended ceremony.

    Second tube requires €197 million investment. Work includes adding additional one lane in each direction on Istrian Y motorways. Plus second tube of  Učka Tunnel. 

    Istrian Y motorways and Učka Tunnel operated by BINA Istra company. On basis of BOT Build-Operate-Translate. Since 1995. To build second tube and additional lanes, Croation government made a new agreement with BINA Istra. Consession extended to 2039. This was approved by European Commission.

    Prime minister thanked French company Bouygues for being good partner.

    BINA Istra has complex partnership:

    BINA Fincom (67%)  Bouygues ownes also 50.7% of this company.

    Bouygues (16%) Direct ownership

    Hrvatske autoceste (14.8%)

    Istarska autocesta (2.2%)

    French company Bouygues in total controls 49.969% of consession compaby BINA Istra.

    https://www.croatiaweek.com/construction-of-second-tube-of-ucka-tunnel-starts/

     

     

     

     

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