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RIJEKA GATEWAY PROJECT

RIJEKA GATEWAY PROJECT. M. Audig é Program Team Leader ECSIE. ECSIE Transport Retreat – November 6, 2003. Development Objectives. “ Increase Croatia ’ s trade competitiveness through improved transportation chain for both freight and passengers traffic. ”

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RIJEKA GATEWAY PROJECT

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  1. RIJEKA GATEWAY PROJECT M. Audigé Program Team Leader ECSIE ECSIE Transport Retreat – November 6, 2003

  2. Development Objectives “Increase Croatia’s trade competitiveness through improved transportation chain for both freight and passengers traffic.” (a) improve efficiency at Rijeka Port by: (i) assisting in privatization of LR and port operations, (ii) rehabilitating infrastructure and replacing equipment, (iii) improving financial performance and gradually reducing Government contributions; (b) Improve land connections by: (i) constructing Western section of the Rijeka Bypass and port connector road; (ii) rehabilitating the Krk bridge; Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  3. Development Objectives (cont’d) (c) Improve the port/urban interface by: (i) redeveloping a port area for urban purposes, (ii) new road connection with Rijeka By Pass (D404) (ii) improving port and marine environmental conditions; (d) Increase the administrative efficiency of the road sector by: (i) assisting HAC in obtaining an ISO 9002 certification; (ii) assisting HC to implement the pavement and bridge management systems (PBMS) Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  4. Project components Total cost US$264.6 m of which US$155 m financed by the World Bank A - Port Restructuring and Modernization (US$75.1 m) B – Port/City Interface Redevelopment (US$43.2 m) C – International Road Improvements (US$144.8 m) D – PPF Reimbursement (US$1.5 m) Three Borrowers: Port of Rijeka Authority (PRA) & Luka Rijeka d.d.(LR)* Hrvatska Ceste (HC) Hrvatska Auto Ceste (HAC) (*) Subsidiary Borrower Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  5. Structure of the Legal Agreements Republic of Croatia World Bank PRA HC HAC Loan Agreements Subsidiary Loan Agreement Project Agreement LR Guarantee Agreement Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  6. A - Port Restructuring and Modernization (1) Civil Works: Demolition of old Warehouses (but #12 & #17 preserved for their architectural value), Rehabilitation of Prasko and Becko Piers, Construction of a multi-purpose terminal behind a new Zagrebacko Berth, Rehabilitation of port infrastructure and superstructure Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  7. A - Port Restructuring and Modernization (2) Equipment: Vessel Traffic Management Information System (VTMS), Electronic Data Interchange (EDI) Mobile equipment for the port (2 new heavy mobile cranes) Antipollution equipment Consultants services: Drafting VTMS specifications & tender docs. Privatization advisor to Luka Rijeka d.d. Design and supervision of civil works + Severance payment of LR redundant staff incl. training/social program Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  8. B – Port/City Interface Redevelopment Civil Works: Clearing of Delta Porto Barros Area (17 ha.) Construction of a new Passenger Terminal, Connecting road D404 Draga – Brajdica Consultants services: Assistance for PPP for redevelopment of Delta Porto Barros Area Supervision of works. Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  9. C – International Roads Improvement (1) Civil Works: Rijeka bypass Orehovica – Sv. Kuzam Rehabilitation of Krk bridge Black spot elimination Equipment: PMS/BMS software upgrade Management software Weighting equipment Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  10. C – International Roads Improvement (2) Consultants Services: Axle load studies (HC) Management consultants (HC) Consultants for ISO9001 certification (HAC) Design and supervision of works (HC & HAC) Training activities (HC & HAC). Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  11. Project Preparation PHRD (Japan) grant to PRA for: Concession advisor Rehabilitation of the Port Function & Development Study (RMG) Project Preparation Facility (PPF) to PRA for: Designs for civil works Study for port/urban redevelopment Restructuring plan for Luka Rijeka d.d. TA to the Project Implementation Unit (PIU) Environmental improvement study Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  12. Project Financing Loans to RPA, HC, HAC with Government Guarantee and Project Agreement with LR Lending terms: Years to maturity: 15 Grace period: 5 years Identification in September 2001 Appraisal done in March 2003 Negotiations done in May 2003 Board presentation on July 8, 2003 Project documents signed in August 2003 Global duration of the project: 6 years Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  13. Policy Issues to be Addressed Legislative changes for a new usage of maritime domain at the port of Rijeka Public financial support for PRA 2004-2009 Privatization of port operations Plovput’s light dues gradually reduced Voluntary road maintenance policy Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  14. Luka Rijeka Privatization Scheme Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  15. SUMMARY PROJECT ANALYSIS 1/2 • Good economic return: ERR of 27.6% and NPV 0f US$91.1 million • SWOT analysis is available to re-position the port of Rijeka • improve port operations performance (Koper & Trieste) • enhance hinterland accessibility (Roads and railways) • develop a modern computerized port information system • Significant impact on Rijeka port competitiveness • cost of doing business for port users divided by three in 2009 • Detail engineering well advanced • Bidding processes on going for roads and Krk bridge Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  16. SUMMARY PROJECT ANALYSIS 2/2 • Comprehensive Environment Management Plan will be implemented • for each component (port, interface and roads) • details are available in EA Executive Summary (annex 12) • Social negative impacts from the project will be mitigated • for port redundant staff, land acquisition and resettlement • details are available in the “LR Social Plan” and “Land acquisition and resettlement plan” (annex 13). Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  17. Projects Innovative Schemes Using trade development as an “integrator” between various transport projects, i.e., port redevelopment, privatization of operations and improvement of access roads Railways not included as a specific project is on going as well as trade facilitation which is supported by the on going TTFSE project Port-city interface development Original gradual privatization scheme for port operations. Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

  18. Next steps - Conclusions A lot of work is needed from PRA, HC and HAC to make the project a success PIUs’ managers and staff will have a critical role to play during the project implementation The Bank is a partner until the completion of the project in 2009, either through the Project Team or the Country Office Success of the project will be measured in terms of increased trade and new jobs created, not in term of US$ disbursed Rijeka Gateway Project ECSIE Transport Retreat – November 6, 2003

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