Skip to main content

EBRD funds new transport master planning standards for Romania

In July 2014, the European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania. The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.
August 5, 2014 Read time: 2 mins

In July 2014, the 2001 European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania.

The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.

The EBRD has set itself the ambitious target of establishing sustainable transport planning in a total of eight Romanian cities over the next few years. The approach is a new one for Romania. On the basis of an integrated planning process, working alongside and for municipal authorities and with the participation of local stakeholders, sustainable urban transport policies will be developed.

The introduction of quantitative transport planning methods is a core part of the contract. For example, transport modelling is to be introduced for objective assessments in all cities.

Companies from the 3264 PTV Group are taking a leadership role and providing consulting, expertise, methods and software for transport planning and modelling in three cities, Craiova, Iaşi and Ploieşti. PTV Transport Consult is responsible for the overall coordination of the project and brings its expertise in transport planning, public transport and parking space strategy. PTV AG provides extensive and suitable software tools, while supporting the development of new transport models with its experts. The public transport theme will be backed by consultants from TTK and Search Corporation will be involved as a local partner.

"The whole of Romania should benefit and learn from the new transport planning methods," asserts project leader Dr.-Ing. Rainer Schwarzmann of PTV Transport Consult. "Particular emphasis is to be placed on knowledge transfer between all participants. We will provide city developers and transport planners with the know-how for the day-to-day work and cooperate with them, using professional software tools, to develop the sustainable transport models."

For more information on companies in this article

Related Content

  • Why integrated traffic management needs a cohesive approach
    April 10, 2012
    Traffic control is increasingly being viewed as one essential element of a wider ‘system of systems’ – the smart city. Jason Barnes, Jon Masters and David Crawford report on latest ideas and efforts for making cities ‘smarter’ Virtually every element of the fabric and utilitarian operations that make urban areas tick can now be found somewhere in the mix that is the ‘smart city’ agenda. Ideas have expanded and projects pursued in different directions as the rhetoric on making cities ‘smarter’ has grown. App
  • ITS America 2023: a stellar event beckons
    April 18, 2023
    A view from ITS America Events organisers at RX Global on what is shaping up to be an unmissable stellar event
  • Bogotá sets tentative timeline for metro tender
    February 6, 2015
    Bogotá mayor Gustavo Petro has announced that a tender for the Colombian capital's Line No. 1 metro project, which has been in the planning for a decade, could be issued by July. However, the final timeline for bidding will depend on whether the city is first able to line up financing for the project, the mayor added, according to local press reports. Building the metro line is expected to cost US$7.5 billion, or about double the previous estimates. In its current form, the metro line will extend some
  • Innovative traffic information system
    January 31, 2012
    From the roadside James Foster compiles some eye-catching news, deployments and product picks from the work zone