Non-binding bids submitted for Croatian motorway network

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
Non-binding bids submitted for Croatian motorway network

The Croatian government has announced that it has received non-binding bids for the concession of the Croatian motorway network.

The 1,024 Km motorway concession includes the management and maintenance of the motorways operated by the state-owned Hrvatske Autoceste and Autoceste Rijeka Zagreb companies. The highways involve in the privatization process are the following:

  • Bregana - Zagreb - Lipovac,
  • Zagreb - Split - Ravca,
  • Zagreb - Rijeka, and
  • Zagreb - Gorican.

According to Sinisa Hajdas Doncic, Minister of Maritime Affairs, Transport and Infrastructure, the Croatian motorway network will be  leased only if the future operator offered a one-off payment of at least €2.5 billion (US$3.11 billion) to €3 billion (US$3.73 billion) for a concession period between 30 years and 50 years. Mr Doncic reported in a statement:

At this stage of the process we are not allowed to release details about the participants. It will be possible at the public opening of the binding bids. We have ahead of us a four-month negotiation period with the bidders. In April they will be invited to submit binding bids and the only criterion will be the price, meaning the highest offer.

Local media have speculated recently that bids were submitted from three bidders:

The government announced it plans to use the funds to ensure the repayment of loans taken out by state-owned motorway operators Hrvatske Autoceste and Autoceste Rijeka Zagreb. Both have to repay €2.0 billion during the next three years. A total of €4.0 billion must be repaid until 2039.

Croatia joined the European Union last year. The country is currently under pressure from Brussels to improve its finances.

List of country news

Country news

  • March 04, 2015

    Croatia launches tenders for hospitals through PPP

    Government of the Republic of Croatia has launched two tender processes for the development of the Neuropsychiatric hospital Dr. Ivan Barbot and the General Hospital Varazdin. Read more
  • March 19, 2015

    Croatia cancels road privatization and goes for IPO

    The Croatian government has canceled the concession of the Croatian motorway network and will go for an initial public offering (IPO). Read more
  • April 21, 2015

    Bids submitted for Croatian health PPPs

    The Government of the Republic of Croatia received bids for the Neuropsychiatric hospital Dr. Ivan Barbot and the General Hospital Varazdin on April 13th and April 14th. Read more
  • April 24, 2015

    Croatia tenders Koprivnica schools PPP project

    The Croatian Center for Monitoring Business Activities in the Energy Sector and Investments (CEI) has launched a tender process for the Town of Koprivnica schools PPP project. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.