October 19 (SeeNews) - Croatia's railway infrastructure operator HZ Infrastruktura has received 10 bids in a tender for the upgrade and electrification of Vinkovci–Vukovar railway line, the company said.
A total of 522.6 million kuna ($80.6 million/70.4 million euro) will be invested in the project with 85% of the total representing EU funding, HZ Infrastruktura said in a statement on Thursday.
Bids were placed by Italy's Salcef; Austria's Strabag; Croatia's Dalekovod [ZSE:DLKV]; a consortium of Colas Rail Hrvatska, GH Holding and Colas Rail; Spain's Comsa; China's Sinohydro; Austria's Swietelsky; Greece's J&P Avax; Slovenia's Kolektor Koling; and Croatia's DIV Grupa.
HZ Infrastruktura said earlier this year the project was deemed ready for EU funding by JASPERS, a technical assistance partnership between the European Commission, the European Investment Bank and the European Bank for Reconstruction and Development, which provides independent advice to beneficiary countries to help prepare high quality major projects to be co-financed by two EU Structural and Investment Funds.
The project envisages renewal and electrification of 18.71 km of railway tracks and will ensure train speed of 120 km/h when completed. The projects also include the reconstruction of the Vukovar/Borovo Naselje and Vukovar train stations, as well as those in Nustar and Brsadi-Lipovaca.
(1 euro = 7.42377 kuna)