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

  • March 23, 2012
    EU approves US$660 billion to transform Europe's transport network
    The EU's Council of transport ministers met in Brussels yesterday and approved a proposal for a new regulation of Trans European Transport – Network (TEN-T) guidelines, in a package for a Connecting Europe Facility. The proposal approved yesterday, and which will cost US$660 billion by 2020 if fully implemented, is aimed at establishing and developing a complete TEN-T, consisting of infrastructure for roads, railways, inland waterways, shipping ports and airports. It also defined a comprehensive network and
  • November 30, 2015
    AfDB approves funding for transport in Côte d'Ivoire, Mali and Tanzania
    The African Development Bank Group (AfDB) has approved two major transport support and facilitation programmes for Tanzania, Côte d'Ivoire and Mali. Tanzania will receive a US$75.43-million African Development Fund concessional loan and a US$270.95-million African Development Bank loan to finance its Transport Sector Support Programme, which involves interventions in the country's roads, rail and air transport sub-sectors. Identified as a key part of the country's transport sector priorities to suppor
  • June 20, 2013
    NSW commits major funds to roads and maritime in 2013-2014 state budget
    The New South Wales (NSW) Government will invest US$4.7 billion to build and maintain critical road and maritime infrastructure across the state in the 2013-2014 state budget, providing for new roads infrastructure, maintenance and road safety. Roads minister Duncan Gay says this new infrastructure fund, Restart NSW, will support the WestConnex Motorway, WestConnex enabling works in the Port Botany and Sydney Airport Precinct, the Pacific and Princes highways, Bridges for the Bush, and addressing congestion
  • July 17, 2015
    EIB provides loan for Rhine-Ruhr Express project
    The European Investment Bank (EIB) is providing a US$370 million long-term loan to finance the upgrading of the local public transport system in North Rhine-Westphalia, Germany. The funds will be used to purchase 82 new double-deck electric trains offering better energy efficiency, greater capacity and special barrier-free passenger comfort for the Rhine-Ruhr Express (RRX) project. RRX is North Rhine-Westphalia’s most important rail project. Promoted by the four neighbouring transport associations VRR,