ERDF to Co-Fund Reconstruction of Biggest Roundabout in Zagreb

By 27 March 2019

ZAGREB, March 27, 2019 - An agreement on allocating 320 million kuna as non-repayable funds for the reconstruction of the crossroads of the Jadranska Avenija and Avenija Dubrovnik streets, which is also known as the Rotor roundabout in southwest Zagreb, was signed in the Croatian capital on Wednesday.

The document signed by Mayor Milan Bandić, Transport and Infrastructure Minister Oleg Butković, and SAFU agency head Tomislav Petrić envisages that 272 million kuna will be set aside for this project from the European Fund for Regional Development (ERDF) and 48 million kuna from the Croatian state budget.

Attending the agreement-signing ceremony, Prime Minister Andrej Plenković said that the co-funding of this project was an important message about the benefits of Croatia's European Union membership for the Croatia capital.

An additional 47 contracts of this kind, worth 2.3 billion kuna, have been signed for the City of Zagreb so far, according to Plenković.

He underlined that the revamping of the biggest roundabout was the continuation of major infrastructure projects in the capital city such as the modernisation of Zagreb Airport.

Plenković expects the reconstruction of this roundabout to be completed by the beginning of next year, when Croatia assumes the six-month rotating chairmanship of the EU.

Mayor Bandić recalled that over 100,000 people passed daily through that circular intersection and the reconstruction would make traffic flow smoother.

More Zagreb news can be found in the Lifestyle section.