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Croatian Government Revives Plan to Build Peljesac Bridge

Aug. 30 (Bloomberg) -- Croatia’s government revived a plan to build a bridge connecting the southernmost resort of Dubrovnik with the rest of the country via the Peljesac peninsula, Foreign Minister Vesna Pusic said.

“The bridge is eligible for financing from European Union funds,” Pusic said in an interview in Zagreb today.

The Adriatic Sea nation is set to become the 28th member of the bloc in July 2013. The plan to build the bridge, estimated to cost about 2 billion kuna ($336 million), was started in 2007 and then canceled in May because of a lack of funds.

The bridge, when completed, would allow traffic to avoid crossing the border with Bosnia-Herzegovina. Building may begin in 2014, Pusic said.

To contact the reporter on this story: Jasmina Kuzmanovic in Zagreb at jkuzmanovic@bloomberg.net

To contact the editor responsible for this story: Alan Crosby at acrosby1@bloomberg.net

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