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PLANNING FOR A SUSTAINABLE EUROPE? - TU Berlin

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439<br />

Table A.4 EBRD and IBRD Transport Loans in Hungary (1989-2001) 2<br />

PROJECT<br />

Sector<br />

EBRD 1993 - Budapest Public Transport Rehabilitation Project; for the<br />

rehabilitation of the city's public transport<br />

Public<br />

Transport € 64<br />

EBRD 1997 - MÁV railcar modernization and marketing project - to improve<br />

services and financial performance of railway services in Hungary Railway € 40<br />

EBRD 1998 - Hungarian railways - Refurbishment of 235 passenger coaches,<br />

the upgrading of up to 250 freight wagons in order to reduce operating and<br />

maintenance costs, improve quality of services, increase cost recovery Railway € 40<br />

EBRD 1999 - Budapest Intermodal Logistics Centre, Basic Infrastructure - to<br />

help finance private construction of a railway line connection servicing a new<br />

private logistics centre in Budapest Railway € 10<br />

EBRD 1992 - Budapest Orbital Motorway; Partial Financing of construction of<br />

part of the road network, and consultancy services Roads € 21<br />

Size<br />

(Mio)<br />

EBRD 1993 - M1-M15 Toll Motorways; Construction of 43 km motorway from<br />

Györ to the Austrian border and 15 km motorway towards Bratislava, to be run<br />

as toll roads Roads € 126<br />

EBRD 1995 - M5 Toll Motorway - first phase of a motorway to be built and<br />

operated by a private, special-purpose company Roads € 120<br />

EBRD 1999 - M1-M15 Motorway Restructured Project - to ensure the<br />

continued operation of the motorway Roads € 67<br />

IBRD 1989 - Inv. in rail, trucking, highways, urban transport General $ 95<br />

IBRD 1993 - Highway-rehabilitation, road-safety program Roads $ 90<br />

IBRD 1995 - Budapest Urban Transport - (a) replacement of 50 buses with<br />

low-polluting and energy-efficient substitutes; (b) rehabilitation of 47 km of<br />

worn out tramway tracks and purchase of track maintenance equipment; (c)<br />

automatic vehicle monitoring system<br />

Public<br />

Transport<br />

$ 38<br />

EBRD Hungary (€ 488 million)<br />

IBRD Hungary ($ 223 million)<br />

Road<br />

69%<br />

Public<br />

Transit<br />

13%<br />

Rail<br />

18%<br />

Public<br />

Transit<br />

17%<br />

Road<br />

40%<br />

General<br />

43%<br />

Source: Own Compilation using World Bank and EBRD websites and the CEE<br />

Bankwatch MDB Database<br />

2 Additionally, there was already a World Bank IBRD loan in the amount of $75 to Hungary in 1985 (Loan<br />

Nr. 2557-HU). Besides funding the southern section of the M0, this loan also provided assistance to the<br />

Hungarian State Railways (MÁV) and the trucking company Hungarocamion.

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