Skip to main content

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

  • US government announces eighth round of TIGER funding
    February 24, 2016
    US Transportation Secretary Anthony Foxx has announced that US$500 million will be made available for transportation projects across the country under an eighth round of the highly successful Transportation Investment Generating Economic Recovery (TIGER) competitive grant program. The 2016 TIGER discretionary grants will fund capital investments in surface transportation infrastructure and will be awarded on a competitive basis for projects that will have a significant impact on the nation, a metropoli
  • Cities get road priorities right
    March 22, 2022
    Cities including Paris, Milan and London have all announced serious expansions to their bicycling infrastructure over the last few years. The era of active travel is here, finds Alan Dron
  • Vietnam launches smart highway, ETC systems
    March 26, 2015
    The Ho Chi Minh City-trung Luong highway connecting the city and the Mekong Delta province of Long An has become the first in Vietnam to be controlled by an intelligent transport system (ITS), says the Vietnam News Agency. The was implemented between April 2013 and December 2014 and was officially launched on 20 March, with a total investment of US$38.5 million, funded by preferential loans of the Republic of Korean Government and the Vietnamese Government budget. The system includes a smart control
  • Brazil to launch US$50 billion in infrastructure tenders
    May 30, 2014
    Brazil's federal government is expecting to launch some US$49.7 billion in tenders for infrastructure projects within the next few months. According to the finance ministry's deputy secretary of economic affairs Leonardo Lima Machado, some of the tenders will be for highway, railway, and port concession projects, local daily Valor Econômico reported. Other tenders are expected for electrical energy and telecommunications, Machado said during an infrastructure roundtable at São Paulo state industry fe