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PLANNING FOR A SUSTAINABLE EUROPE? - TU Berlin

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437<br />

Table A.2 EIB Transport Loans to Hungary (1990-2001)*<br />

PROJECT<br />

EIB 1992 –Building of a bypass road near Sopron and Szolnok as well as<br />

rehabilitation measures<br />

EIB 1993 - Building and rehabilitation of parts of transit-roads and bypass<br />

road north of Budapest [i.e. the northern section of the M0 ring road]<br />

EIB 1996 - Extension of the M3 toll motorway from Budapest to the Ukrainian<br />

border<br />

EIB 1997 - Hungarian Railways - to improve efficiency, service and<br />

competitiveness of the Hungarian railways<br />

EIB 1998 - Hungarian railways - Upgrading of 340 km of rail track on four lines<br />

(part of the core network on the priority international corridors Dresden-<br />

Budapest-Bucharest/Sofia and Triest-Budapest-Lvov), in addition: equipment<br />

modernization<br />

Sector<br />

Size<br />

(Mio €)<br />

Road 50<br />

Road 72<br />

Road 95<br />

Rail 120<br />

Rail 60<br />

EIB 1992 - Ministry for Transport - Upgrading of air traffic control system Air & Water 20<br />

EIB 1998 - Construction of fourth metro line connecting South Buda and Pest<br />

EIB 1998 - Improvements to urban transport, sewerage, solid waste disposal<br />

and urban amenities in Budapest<br />

Public<br />

Transit<br />

Public<br />

Transit<br />

50<br />

50<br />

* By April 2002, the following loans were under appraisal to co-finance ISPA projects:<br />

EIB 2002 - Railways III (ISPA co-financing) for the rehabilitation and<br />

modernization of Corridor IV Budapest-Cegled-Szolnok-Lököshaza (Phase II)<br />

Rail 110<br />

EIB 2002 – Roads III (ISPA co-financing) for individual investment schemes<br />

with the aim to achieve 11.5 ton axle load bearing capacity<br />

EIB Hungary (€ 517 million)<br />

Road 60<br />

Public Transit<br />

19%<br />

Air & Water<br />

4%<br />

Road<br />

42%<br />

Rail<br />

35%<br />

Source: Own Compilation using data from the EIB website & the CEE Bankwatch MDB<br />

Database

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