Hrvatske vode
 

„Flood Prevention Project" is being implemented as part of the program of cooperation between the Council of Europe Development Bank and the Republic of Croatia.

ABOUT THE PROJECT

''Flood Prevention Project" includes investments through which the existing flood protection system will be improved, rehabilitated, completed and developed in order to achieve a high level of protection of target civilian population in priority river basins in Croatia, thus reducing flood occurrence and its adverse social and economic impacts.

The Ministry of Environment and Energy is in charge of the Project in question (Project Promotor), whereas Hrvatske vode (Project Implementing Entity) are in charge of project implementation, with a special Project Implementation Unit set up within Hrvatske vode. The implementation of the Project in total value of approx. 80 million EUR is co-financed through the Council of Europe Development Bank (CEB) loan LD 1845-2014 in the value of approx. u 40 million EUR (50%), and through resources provided by Hrvatske vode (income based on the collection of water contributions and water regulation fee) in the amount of 40 million EUR (50%).

The project is foreseen to be completed on 31 December 2018, and the loan closing date is 30 June 2019.

The Framework Loan Agreement between the Republic of Croatia and the Council of Europe Development Bank for the Flood Prevention Project was signed on 2 and 15 June 2015 and was ratified by the Act on the Ratification of the Framework Loan Agreement between the Republic of Croatia and the Council of Europe Development Bank for the Flood Prevention Project (Official Gazette - International Agreements No. 3/16 dated 29 June 2016), and it came into effect on 7 July 2016 -http://narodnenovine.nn.hr/clanci/medunarodni/2016_06_3_22.html

The Amendment Agreement N°1to the Framework Loan Agreement between the Republic of Croatia and the Council of Europe Development Bank for the Flood Prevention Project was signed on 5 and 7 December 2016. Project Agreement for "Flood Protection Project" between the Republic of Croatia, represented by the Ministry of Finance (Borrower), the Ministry of Environment and Energy (Project Promotor) and Hrvatske vode (Project Implementing Entity) was signed on 8 and 13 December 2016.

This Project is a part of a larger Multi-Annual Programme of Constructing Water Regulation and Protection Facilities and Amelioration Facilities adopted by the Government of the Republic of Croatia in 2015 (hereinafter: the Program), as well as River Basin Management Plan of the Republic of Croatia which contains Flood Risk Management Plan for the period 2016 – 2021, which was adopted by the Government of the Republic of Croatia in July 2016. The program containing structural measures for flood risk management in the Flood Risk Management Plan is based on projects in the Program, with possible changes due to more detailed studies of flood risk management in river basins and feasibility studies. The Project will contribute to the implementation of the Program and the Flood Risk Management Plan and its overall long-term objective of reducing flood risks throughout Croatia to an acceptable level.

The Project consists of two components:

  • Component 1: construction of selected projects from the Program (sub-projects) from the Tentative list of 25 Sub-projects listed in Annex I to Appendix 1 of the Framework Loan Agreement, in total investment value of 74,347,888 EUR, including designing and supervision.
  • Component 2: technical assistance (5,652,112 EUR, about 7% of total project value). This component would be used to finance the development of river basin studies for priority systems, development of flood forecasting system and support to Project Implementation Unit.