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."

Related Content

  • January 31, 2012
    Harmonisation of Europe's ITS deployment still unbalanced
    Dean Herenda, Chairman of the EasyWay project, talks about the progress made and the progress still to be made in harmonising ITS deployment across the European Union. "The deployment and use of ITS in road transport across Europe was and still is unbalanced" Although Europe can be proud of being home to some of the world's most advanced ITS solutions, the relative disparities between Member States of the European Union (EU) in terms of the extent and technological sophistication of deployments actually sta
  • September 16, 2015
    Cubic and MasterCard launch Urbanomics Mobility Project
    Cubic Transportation Systems (CTS) and its subsidiary Urban Insights are to collaborate with MasterCard on the Urbanomics Mobility Project, a new data analysis platform to fuel smarter, more inclusive cities. The initiative leverages Urban Insights’ state-of-the-art big data analytics and visualisation technology; Cubic’s expertise in processing more than US$24 billion per year in public transportation revenue; and powerful spending trends and insights derived from 43 billion transactions processed over
  • June 7, 2023
    Egis flows free for 15 years in Kazakhstan
    Contract involves O&M services on Bakad ring road project outside city of Almaty
  • March 15, 2012
    EBRD investment to modernise Serbia's railways
    The European Bank for Reconstruction and Development (EBRD) is continuing to support the modernisation of Serbia’s transport infrastructure and promote further reform of the rail sector with a sovereign-guaranteed loan of up to €95 million (US$125 million) to the Serbian Railways company.