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.

Related Content

  • September 23, 2014
    Confusing funding and financing can be costly
    Tolling may be the way forward for paying for the roads of the future - but where will concessionaires find the money and do they need funding or financing? Increasingly, governments around the world are concluding that they can no longer pay for new roads and are turning to the private sector for help.
  • January 20, 2015
    EU identifies priorities for trans-European transport network until 2030
    The European Commission has published nine studies on the state of play and the development needs of the Ten-T core network corridors. The studies have identified infrastructure development needs which represent approximately US$811 billion of financial investment until 2030. They highlight the importance of optimising the use of infrastructure along the corridors, notably through intelligent transport systems, efficient management and the promotion of future-oriented clean transport solutions. This is the
  • August 11, 2020
    Barcelona 'superblocks' mobility project gets EIB support
    Moves to prioritise pedestrians are part of €95m investment in Spanish city
  • September 26, 2018
    Improve efforts to develop alternative fuels infrastructure, say MEPs
    The European Commission (EC) and member states need to ‘redouble efforts’ to boost the development of an alternative fuels infrastructure, say transport MEPs. The warning comes in a draft resolution from the Transport and Tourism Committee. Ismail Ertug, rapporteur, the Progressive Alliance of Socialists and Democrats in the European Parliament, says: “Our initiative report urges the Commission to accelerate the revision of the directive, come up with strong infrastructure targets and more funding for a