The work on the project, 85% of which is financed through the EU's Connecting Europe Facility fund, will start in December, Kolektor said.

The Slovenian builder will renovate over 110,000 square metres of surfaces, 1,625 metres of crane tracks and over 12 kilometres of rail tracks along with several other essential infrastructure segments at the port.

Kolektor Koling said this was already the second major project agreed in Rijeka in the recent three months, while the company's director spoke of over EUR 200 million worth of construction work secured in Croatia in the recent period.

Kolektor is presently building the main road section between Škurin and the Rijeka port estimated at EUR 75 million, as well as a wastewater collection, disposal and treatment system on the island of Krk estimated at over EUR 44 million.

Other ongoing projects include the development of multimodal platforms at the Rijeka port in conjunction with the Jadranska Vrata terminal worth EUR 37 million, and water supply reconstruction for the city of Petrinja, estimated at EUR 35 million, Kolektor Koling said.