RIJEKA TRADE DEVELOPMENT PROJECT

RIJEKA TRADE DEVELOPMENT PROJECT

RIJEKA TRADE DEVELOPMENT PROJECT

P. Parker & M. AudigéProgram Team Leaders

ECSIE

Apr 19, 2023 Croatia - Rijeka Gateway Project 2



Development ObjectivesDevelopment Objectives

Increase Croatia’s competitiveness and trade

(a) improve efficiency at Rijeka Port by (i) assisting in privatization of LR and port operations,(ii) rehabilitating infrastructure and replacing equipment,

(iii) improving financial performance and reducing Government contributions;

(b) Improve land connections by (i) constructing Western section of the Rijeka Bypass and port connector road; (ii) rehabilitating the Krk bridge; (iii) rehabilitating of Zagreb-Macelj motorway


Development Objectives (cont.)Development Objectives (cont.)

(c) Improve the port/urban interface by(i) redeveloping a port area for urban purposes, (ii) improving environmental conditions;

(d) Increase the administrative efficiency of the road sector by(i) assisting HAC in obtaining a bond rating and ISO certification; (ii) assisting HC to implement the pavement and bridge management systems


Project Components – Rijeka Port (1)


Civil Works: Passenger Terminal, Demolition of Warehouses, Reconstruction of Wood Terminal, and Vienna

Pier, Construction of Zagreb-West Pier, Rehabilitation of port infrastructure and

superstructure

Redundancy Payments/Training/Social

Program for Luka Rijeka




Equipment: Vessel Traffic Management Information System

(VTMS), Mobile equipment for Luka d.d. Antipollution equipment

Consultants: Drafting VTMS specifications & tender docs. Privatization advisor to Luka d.d. Design and supervision of civil works



Project Components – Highways (1)Project Components – Highways (1)

Civil Works:

Rijeka bypass Orehovica – Križišće Connecting road D404 Draga – Brajdica Rehabilitation of Krk bridge Rehabilitation of Zagreb – Macelj

motorway (24km) Black spot elimination


Project Components – Highways (2)Project Components – Highways (2)

Equipment: PMS/BMS software upgrade Management software Weighting equipment

Consultants: Axle load studies Management consultants Consultants for ISO9001 certification


Project Preparation Project Preparation

PHRD (Japan) grant to RPA for:

Concession advisor Rehabilitation of the Port Function &

Development Study (RMG)

Project Preparation Facility (PPF) to RPA for:

Designs for civil works Study for port/urban redevelopment Restructuring plan for Luka d.d. TA to the Project Implementation Unit (PIU) Environmental improvement study


Project Financing Project Financing

Loans to RPA, HC, HAC with Government

Guarantee

Lending terms:

Years to maturity: 15

Grace period: 5 years Expected date of signature: mid - 2003 Duration of the project: 5 years


Matters to be ResolvedMatters to be Resolved

Long-term Lease/Concession authority for RPA

Majority Private Interest in Terminal Operations

Mortgages on Superstructure Authority to develop Maritime Domain for

Urban Purposes


Projects Innovative SchemesProjects Innovative Schemes

Using trade development as an “integrator” between various transport projects, i.e., port redevelopment, privatization of operations and improvement of access roads

Railways not included a specific project is on going as well as trade facilitation which will be supported by the on going TTFSE project

Port-city interface development Original privatization scheme for Luka Rijeka.


Luka Rijeka Privatization Scheme

Luka Rijeka Privatization Scheme

Documents

RIJEKA TRADE DEVELOPMENT PROJECT