Romania gets EU funding for road infrastructure projects

Romania will receive EU financing worth US$4.06bn for road infrastructure projects between 2014 and 2020, according to the Minister for Infrastructure Projects, Dan Sova., Several road projects are currently being developed including the Sibiu-Brasov, Brasov-Bacau and Sibiu-Pitesti motorways, a segment of the Bucharest ring road and the Craiova-Calafat national road. Romania's national road rehabilitation projects total 4,300 kilometres, 1,532 kilometres of which are being upgraded with financing fr
November 27, 2013 Read time: 1 min
Romania will receive EU financing worth US$4.06bn for road infrastructure projects between 2014 and 2020, according to the Minister for Infrastructure Projects, Dan Sova.,

Several road projects are currently being developed including the Sibiu-Brasov, Brasov-Bacau and Sibiu-Pitesti motorways, a segment of the Bucharest ring road and the Craiova-Calafat national road.

Romania's national road rehabilitation projects total 4,300 kilometres, 1,532 kilometres of which are being upgraded with financing from the European Fund for Regional Development, the 4270 European Investment Bank (EIB) and the state budget.

For more information on companies in this article

Related Content

  • EIB and European Commission present Cleaner Transport Facility
    December 2, 2016
    At a recent TTE council meeting, the European Investment Bank (EIB) and the European Commission present the Cleaner Transport Facility (CTF) initiative, aimed at financing the decarbonisation of the transport sector in Europe. The support for alternative fuels and cleaner technology in transport is aligned with European Union policies on climate action and sustainable transport and specifically the recently-adopted strategy of the European Commission on low-emission mobility. The CTF is a new umbrella in
    Read More
  • TEN-T funds modernise French rail line
    December 10, 2012
    A section of French rail network from Mulhouse to Chalampé on the German border has been inaugurated to passenger traffic as part of a European Union supported project. The TEN-T funded project involves a 17.5 km section of French single-track rail infrastructure; the modernised section, supported by US$903,000 of EU funds, will allow faster connections to and from Mülheim in Germany. The project contributes to the TEN-T Priority Project 24 Lyon/Genova-Basel-Duisburg-Rotterdam/Antwerp railway axis, an esse
    Read More
  • Vermont approves US$685.7 million transportation bill
    June 4, 2014
    Vermont plans to spend a record US$685.7 million on transportation projects under legislation signed by Governor Peter Shumlin. The FY 2015 Transportation Bill contains the largest investment in transportation infrastructure in state history. The bill provides for infrastructure improvements and maintenance and supports the Agency of Transportation’s (VTrans) vision of a safe, efficient, multimodal transportation system that promotes Vermont’s quality of life and economic growth. It also supports the contin
    Read More
  • Tenders in for Brazil’s highways
    September 17, 2013
    Brazil's national ground transport agency Agência Nacional de Transportes Terrestres (ANTT) has received eight bids for its US$1.34 billion BR-050 federal highway concession between the states of Goiás and Minas Gerais. The thirty-year concession involves the construction of the BR-050 highway, including restoration, maintenance, road widening and other improvements to provide a 437 kilometre highway along the Minas Gerais and São Paulo border, with six toll booths.
    Read More

Highlighted Content