EU Grant Deal Signed for Pelješac Bridge
- by croatiaweek
- in News
The Pelješac Bridge, which is to connect the Croatian peninsula of Pelješac, and through it the southernmost part of Croatia including Dubrovnik, with the Croatian mainland, looks like it will finally be a reality after the European Commission signed a finance agreement today.
Minister of Regional Development and EU Funds Gabrijela Žalac today signed an agreement in Brussels with the European Commission to accept co-financing of the Pelješac Bridge with 357 million euros of EU grants.
The bridge, which will be constructed in three stages, is expected to be complete by 2021.
The Croatian government has budgeted around 35 million euro this year and is expecting the EU to co-finance 85% of the entire 430 million euro project.
The Pelješac Bridge will stretch 2.4 km from the southern peninsula of Pelješac to the mainland spanning across the bay in the Adriatic shared by Croatia and Bosnia.
The bridge has been planned since 2007 but construction works have been delayed several times.