Split Port Authority applies for EBRD loan for modernisation

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Split Port Authority has applied for a loan from the European Bank for Reconstruction and Development (EBRD) to finance the extension of the cruise ship berth area in the Southern Port, the EBRD said in a statement on Thursday.

"The proposed project, which has a total estimated cost of EUR 14.5 million, will require the procurement of the following works and services: civil works related to the extension of the passenger wharves; and consultancy services for works supervision," the bank reported.

Tendering for the above contract is expected to begin in the fourth quarter of 2011.

EBRD Director for Croatia Zsuzsanna Hargitai has recently said that the bank is interested in investing in the transport sector in Croatia, citing the modernisation of the Port of Split.