The bridge was designed by Ilija Stojadinović in cooperation with Vukan Njagulj and Bojan Možina, and built by Mostogradnja Belgrade and Hidroelektra Zagreb between 1976 and 1980.

Structurally, the bridge consists of two reinforced concrete arch spans, which rest on the islet of Sveti Marko between Krk and the mainland.

[4] Krk Bridge connects the island's 19,916 inhabitants (as of 2021) and its tourist resorts to Jadranska magistrala, the main road along the Adriatic coast.

The new bridge would not be built on the site of the current one, but a kilometer south in the area where the island of Krk, or more precisely its Lanterna peninsula, is closest to the mainland - only about 600 meters away.

The new Krk Bridge would have 4 traffic lanes, which would carry the highway to behind Malinska, and a railway line that would lead to the future container terminal near Omišalj.