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Rijeka Gateway Project

Abstract*

The overall objective of the Rijeka Gateway Project is to increase Croatia's trade competitiveness by improving the international transport chain through the Rijeka Gateway for both freight and passengers traffic through modernizing the port and road network connections, and privatizing port operations. Specific objectives include: (i) increasing efficiency and improving financial, social and environmental conditions at Rijeka Port, rehabilitating...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Improve the effectiveness of the transport chain through the Rijeka Gateway for both freight and passenger traffic by modernizing the port and road network connections, and privatizing port operations.

Key Details

Project Details

  • P043195

  • Closed

  • Jean-Francois Marteau

  • N/A

  • Croatia

  • June 25, 2002

  • (as of board presentation)

    July 8, 2003

  • October 10, 2003

  • US$ 196.24 million

  • A

  • Not Applicable

  • September 30, 2012

  • BANK APPROVED

  • March 11, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 116.10
International Bank for Reconstruction and Development 196.24

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 196.24
IDA Commitment N/A
IBRD + IDA Commitment 196.24
Lending Instrument
Grant Amount N/A
Total Project Cost** 312.34

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Dec 15, 2017 IBRD-47140 Int Charges 665.86
Dec 15, 2017 IBRD-47140 Loan Repay 466,758.28
Dec 15, 2017 IBRD-47150 Loan Repay 55.00
Dec 15, 2017 IBRD-47150 Int Charges 52,097.05
Dec 15, 2017 IBRD-47150 Loan Repay 2,755,000.00
Dec 15, 2017 IBRD-47160 Int Charges 6,398.48
Apr 15, 2018 IBRD-47151 Loan Repay 1,321,004.80
Apr 15, 2018 IBRD-47151 Int Charges 4,877.58
Jun 15, 2018 IBRD-47160 Int Charges 2,903.29
Jun 15, 2018 IBRD-47160 Loan Repay 4,417,504.50
Jun 15, 2018 IBRD-47140 Int Charges 302.84
Dec 15, 2017 IBRD-47160 Loan Repay 4,495,419.00
Jun 15, 2017 IBRD-47140 Int Charges 1,207.71
Jun 15, 2017 IBRD-47140 Loan Repay 441,717.34
Jun 15, 2017 IBRD-47160 Int Charges 11,614.09
Jun 15, 2017 IBRD-47160 Loan Repay 4,254,246.00
Jun 15, 2017 IBRD-47150 Int Charges 71,033.10
Jun 15, 2017 IBRD-47150 Loan Repay 2,754,945.00
Oct 15, 2017 IBRD-47151 Int Charges 7,186.96
Oct 15, 2017 IBRD-47151 Loan Repay 1,241,131.50
Apr 15, 2019 IBRD-47151 Int Charges 3,134.39
Apr 15, 2019 IBRD-47151 Loan Repay 1,266,221.50
Oct 15, 2019 IBRD-47151 Int Charges 2,324.76
Oct 15, 2019 IBRD-47151 Loan Repay 1,257,971.40
Oct 15, 2018 IBRD-47151 Int Charges 3,731.01
Oct 15, 2018 IBRD-47151 Loan Repay 1,269,368.90
Jun 15, 2018 IBRD-47140 Loan Repay 460,777.72
Jun 15, 2018 IBRD-47150 Int Charges 30,781.01
Jun 15, 2018 IBRD-47150 Loan Repay 2,755,000.00
Apr 16, 2020 IBRD-47151 Int Charges 386.36
Apr 16, 2020 IBRD-47151 Loan Repay 1,266,792.60
Apr 15, 2021 IBRD-47151 Int Charges 13.16
Jul 8, 2003 IBRD-47140 Loan Commitment 17,300,000.00
Jul 8, 2003 IBRD-47150 Loan Commitment 55,100,000.00
May 30, 2007 IBRD-47151 Loan Commitment 48,000,000.00
Jul 8, 2003 IBRD-47160 Loan Commitment 84,100,000.00
Dec 15, 2013 IBRD-47160 Int Charges 127,569.85
Dec 15, 2013 IBRD-47160 Loan Repay 5,228,272.50
Dec 15, 2013 IBRD-47150 Loan Repay 2,755,000.00
Dec 15, 2013 IBRD-47140 Loan Repay 542,850.25
Dec 15, 2013 IBRD-47150 Int Charges 92,430.27
Oct 15, 2013 IBRD-47151 Int Charges 46,024.51
Oct 15, 2013 IBRD-47151 Loan Repay 1,193,245.40
Oct 15, 2014 IBRD-47151 Int Charges 52,182.62
Oct 15, 2014 IBRD-47151 Loan Repay 1,168,913.90
Jun 15, 2014 IBRD-47140 Int Charges 14,387.95
Jun 15, 2014 IBRD-47140 Loan Repay 521,302.12
Jun 15, 2014 IBRD-47140 Loan Repay 14,387.95
Jun 15, 2014 IBRD-47150 Int Charges 75,211.50
Jun 15, 2014 IBRD-47150 Loan Repay 2,755,000.00
Jun 15, 2014 IBRD-47160 Int Charges 138,501.73
Jun 15, 2014 IBRD-47160 Loan Repay 5,159,311.50
Dec 15, 2014 IBRD-47160 Loan Repay 4,734,496.50
Dec 15, 2014 IBRD-47140 Int Charges 11,201.36
Dec 15, 2014 IBRD-47140 Loan Repay 491,581.62
Dec 15, 2014 IBRD-47150 Int Charges 64,981.26
Dec 15, 2014 IBRD-47150 Loan Repay 2,755,000.00
Dec 15, 2014 IBRD-47160 Int Charges 107,820.27
Dec 15, 2014 IBRD-47140 Int Charges 0.01
Dec 15, 2014 IBRD-47140 Int Charges -0.01
Apr 15, 2014 IBRD-47151 Int Charges 49,513.92
Apr 15, 2014 IBRD-47151 Loan Repay 1,247,800.60
Dec 15, 2013 IBRD-47140 Int Charges 13,251.65
Apr 15, 2016 IBRD-47151 Int Charges 19,933.45
Apr 15, 2016 IBRD-47151 Loan Repay 1,110,396.90
Oct 15, 2015 IBRD-47151 Int Charges 24,077.66
Oct 15, 2015 IBRD-47151 Loan Repay 1,102,801.00
Dec 15, 2015 IBRD-47140 Int Charges 5,051.40
Dec 15, 2015 IBRD-47140 Loan Repay 430,455.16
Dec 15, 2015 IBRD-47140 Loan Repay 5,051.40
Dec 15, 2015 IBRD-47150 Int Charges 116.33
Dec 15, 2015 IBRD-47150 Int Charges 63,860.91
Dec 15, 2015 IBRD-47150 Loan Repay 2,755,000.00
Dec 15, 2015 IBRD-47160 Int Charges 48,613.43
Dec 15, 2015 IBRD-47160 Loan Repay 4,194,429.00
Jun 17, 2015 IBRD-47150 Int Charges 61,422.73
Jun 17, 2015 IBRD-47150 Loan Repay 2,755,000.00
Apr 15, 2015 IBRD-47151 Int Charges 27,230.04
Apr 15, 2015 IBRD-47151 Loan Repay 999,611.50
Jun 15, 2015 IBRD-47140 Int Charges 6,914.57
Jun 15, 2015 IBRD-47140 Loan Repay 443,774.40
Jun 15, 2015 IBRD-47160 Int Charges 66,551.85
Jun 15, 2015 IBRD-47160 Loan Repay 4,274,058.00
Apr 15, 2017 IBRD-47151 Int Charges 7,413.03
Apr 15, 2017 IBRD-47151 Loan Repay 1,090,935.90
Dec 15, 2016 IBRD-47160 Int Charges 16,130.03
Dec 15, 2016 IBRD-47160 Loan Repay 3,966,400.50
Dec 15, 2016 IBRD-47150 Int Charges 72,823.86
Dec 15, 2016 IBRD-47150 Loan Repay 2,755,000.00
Dec 15, 2016 IBRD-47140 Int Charges 1,676.69
Dec 15, 2016 IBRD-47140 Loan Repay 411,830.40
Oct 15, 2016 IBRD-47151 Loan Repay 1,106,072.10
Oct 15, 2016 IBRD-47151 Int Charges 10,194.84
Jun 15, 2016 IBRD-47160 Loan Repay 4,276,344.00
Jun 15, 2016 IBRD-47140 Int Charges 3,501.65
Jun 15, 2016 IBRD-47140 Loan Repay 440,510.12
Jun 15, 2016 IBRD-47140 Loan Repay 3,501.65
Jun 15, 2016 IBRD-47150 Int Charges 76,324.98
Jun 15, 2016 IBRD-47150 Loan Repay 2,755,000.00
Jun 15, 2016 IBRD-47160 Int Charges 33,694.03

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Satisfactory 2012-09-26
Progress towards achievement of PDO Moderately Unsatisfactory 2012-09-26
Monitoring and Evaluation Moderately Satisfactory 2012-09-26
Overall Implementation Progress (IP) Moderately Unsatisfactory 2012-09-26
Procurement Satisfactory 2012-09-26
Project Management Moderately Satisfactory 2012-09-26
Financial Management Satisfactory 2012-09-26

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 04-18-2013
OutcomesModerately Unsatisfactory
Risk to Development OutcomeNegligible
Bank PerformanceModerately Satisfactory
Borrower PerformanceModerately Satisfactory
Government PerformanceModerately Satisfactory
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-20-2014PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Unsatisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceModerately UnsatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Total Rijeka port traffic (non liquid) increases by an average 7% a year from 2004 to 2009Value3.6 million tons4.5 million tons4.3million tons
    DateDecember 31, 2003December 31, 2011September 30, 2012
    CommentDecrease from 2010 as traffic suffered from economic crisis in second half of 2011. value still above end project targetfinal value for 2012 will not be known by closing date. end value for 2011 above end of project target
  • Number of passengers from ferries and cruise vessels increases on average 5% per annumValue181,362171,396243,000
    DateDecember 31, 2003December 31, 2011September 30, 2012
    Commentbelow target because of lack of additional attractions developed around the city compared to neighboring ports and limited ferrytraffic due to road competition

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • The ratio of total operating expenses (incl. asset depreciation) to total operating revenues (excl. Government subsidies) declines from 240% in 2002 to 150% in 2009.Value240%171%130%
    DateDecember 31, 2002December 31, 2011September 30, 2012
    Commentvalue above target, because of the deterioration of traffic.
  • Private sector involvement in port operationsValue0%35%85%
    DateDecember 31, 2002December 30, 2011September 30, 2012
    CommentValue increased due to the privatization of the Brajdica Terminal operationsValue not likely to be met, target was not realistic
  • D404 constructedValue0%100%100%
    DateDecember 31, 2002May 31, 2012August 15, 2007
    Comment
  • D8 sections constructedValue0%100%100%
    DateDecember 31, 2002September 13, 2007August 15, 2007
    Commentunchanged
  • Implementation of severance program (number of employeesValue1339479939
    DateDecember 31, 2003December 31, 2007December 31, 2007
    Commentunchanged
  • Construction of Port infrastructure (Vienna Pier, Passenger terminal, breakwater strengthening, Zagreb terminal, demolition)Value0%85%100%
    DateDecember 31, 2003June 30, 2012September 30, 2012
    CommentThe Zagreb Container Terminal (ZTC) construction contract is signed. Brajdica terminal progressing satisfactorily.Unlikely to reach 100% as ZCT will be carried out essentially under the RG II project.
  • ISO certification for Croatian MotorwaysValueNoYesYes
    DateJanuary 30, 2004July 31, 2009December 31, 2010
    CommentUnchanged. HAC received ISO 9001, 14001,18001 and total quality management independent certification
  • Roads constructed, non-ruralValue0.0010.5010.50
    DateDecember 31, 2003June 30, 2012December 31, 2010
    Comment