Slovene Motorways Company Sign Loan Contract

The Slovene company for motorways (DARS) signed a contract for a loan with Italian motorways company Autovie Venete on Tuesday which is intended to finance the construction of a motorway section between Razdrto and Vipava, southwestern Slovenia. The loan is an interest-free credit in the amount of 92.5 billion Italian lira (47.8 million euros) with a 15-year repayment period. The first installment is due two years following the opening of the Razdrto - Vipava section, was reported from DARS.

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