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BOAK: The financing mix will judge the implementation of the Motorway

Proceeds step-by-step preparation for the implementation of the upgrade of the road-guillotine of Crete, BOAK, in a modern closed motorway that will run from Chania to Agios Nikolaos.The process of securing financing from the Eib as all shows will be announced soon, while at the same time we are in the process of auctioning of the Strategy Study, which will indicate the engraving, the cost and the needs that will arise from the project.An important element of the project is the repayment, in order to convince the Eib to finance it. The repayment only with availability payments seem hard to meet the annual needs of the project both in repayment of loans as well as the necessary maintenance, and the provision of high level services (such as that provided to the new highways of the country with SAR, 24-hour assistance modern toilets all over the length, etc.).According to reliable information of the ypodomes.com tested a lot of different scenarios but the one that has the most interest is that of “vignetting”. This is the Austrian system of toll payment, which, if applied with a “smart” way back then a significant part of the annual repayment will be covered and so the coveted “money” the bank will come more easily.The details have not yet locked but the vignette is a method once a payment either annually or with some time duration with the largest part of the revenue to is expected to come from the 160.000 rented vehicles circulating on the island every year.What we expect the next period is to lock the model, which is not only of interest for the toll system and the financial mix, but for the way construction, the links of the motorway, and especially who will take over the maintenance of 300km of a closed motorway per year.The specifications of the highway is costly, and certainly one of the issues of concern to the Ministry is that the period T2 (the operation) will be successful with a modern maintenance in a high level of the highway.YES IN the SCHEME OF THE COMMISSION of ENVIRONMENT OF the ΠΕΡΙΦΕΡΕΙΑΣΣε yesterday’s announcement of the Region of Crete made it known that at a meeting of the Committee on the Environment of the Region of Crete, was unanimously given a positive opinion on the study of the road section of the SCHEME from Vrisses to Atsipopoulo, with a total length of 22 km.In the introduction made by the chairman of the Committee on the Environment Met Nick. Kalogeris, stressed the importance of the decision at a very crucial time period for the funding and implementation of the SCHEME in its entirety, after the positive acceptance of the proposal of the regional Governor of Crete Stavros Arnaoutakis from the Eib. it undertakes the financing of the project with a clause to availability.Source

Proceeds step-by-step preparation for the implementation of the upgrade of the road-guillotine of Crete, BOAK, in a modern closed motorway…
extends from Chania to Agios Nikolaos.
The process of securing financing from the Eib as all shows will be announced soon, while at the same time we are in the process of auctioning of the Strategy Study, which will indicate the engraving, the cost and the needs that will arise from the project.
An important element of the project is the repayment, in order to convince the Eib to finance it. The repayment only with availability payments seem hard to meet the annual needs of the project both in repayment of loans as well as the necessary maintenance, and the provision of high level services (such as that provided to the new highways of the country with SAR, 24-hour assistance modern toilets all over the length, etc.).
According to reliable information of the ypodomes.com tested a lot of different scenarios but the one that has the most interest is that of “vignetting”. This is the Austrian system of toll payment, which, if applied with a “smart” way, then an important part of the annual repayment will be covered and thus the coveted “money” the bank will come more easily.
The details have not yet locked but the vignette is a method once a payment either annually or with some time duration with the largest part of the revenue to is expected to come from the 160.000 rented vehicles circulating on the island every year.
What we expect the next period is to lock the model, which is not only of interest for the toll system and the financial mix, but for the way construction, the links of the motorway, and especially who will take over the maintenance of 300km of a closed motorway per year.
The specifications of the highway is costly, and certainly one of the issues of concern to the Ministry is that the period T2 (the operation) will be successful with a modern maintenance in a high level of the highway.
YES IN THE SCHEME OF THE COMMISSION OF ENVIRONMENT OF THE REGION
In yesterday’s announcement, the Region of Crete made it known that at a meeting of the Committee on the Environment of the Region of Crete, was unanimously given a positive opinion on the study of the road section of the SCHEME from Vrisses to Atsipopoulo, with a total length of 22 km.
In the introduction made by the chairman of the Committee on the Environment Met Nick. Kalogeris, stressed the importance of the decision at a very crucial time period for the funding and implementation of the SCHEME in its entirety, after the positive acceptance of the proposal of the regional Governor of Crete Stavros Arnaoutakis from the Eib. it undertakes the financing of the project with a clause to availability.
Source

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