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

  • UK and Malaysia share transport ideas 
    December 6, 2021
    Partners will exchange knowledge on inclusivity in transit and role of regional agencies
  • UK organisations participate in EU green urban transport project
    April 1, 2014
    The UK’s Transport Research Laboratory (TRL), along with partners Transport and Travel Research (TTR) and several other leading UK organisations, are taking part in a 42-month innovative demonstration project which is investigating zero emission urban bus systems. The project, known as ZeEUS, is being co-ordinated by the International Association of Public Transport (UITP) and is co-funded by the DG Mobility and Transport of the European Commission with a budget of US$31 million (US$18.6 million EU fun
  • New US fuel efficiency standards would cost over US$65 billion in lost revenue
    April 17, 2012
    Friday’s proposal by the Obama Administration to increase fuel efficiency standards for cars and light trucks to an average 54.5 miles per gallon (4.32 litres/100 km) between 2017 and 2025 would result in the loss of more than $65 billion in federal funding for state and local highway, bridge and transit improvements, an analysis by the American Road & Transportation Builders Association (ARTBA) shows.
  • US economic stimulus package highlights ITS technology
    July 17, 2012
    US Secretary of Transportation Ray LaHood talks to ITS International about economic stimulus funding and the absolute need to maintain and increase the use of technology in transportation. Of the total of $787 billion of funding announced under the American Recovery and Reinvestment Act (ARRA), the economic stimulus package which was signed into law by US President Barack Obama on 17 February 2009, $48.1 billion will go to the US Department of Transportation (USDOT). Of that, $27.5 billion is for highway in