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

  • Joining old and new in Canada’s Highway 407
    June 17, 2016
    David Arminas visits Canada’s Highway 407 ETR to see how the concession is working and hear about new arrangements for the roadway’s extension. The Toronto region is North America’s eighth largest metropolitan area and its roads become notoriously congested. In 1997 Highway 407, a 68km concrete toll motorway which skirts the northern edge of Toronto, was opened and initially operated by the province and CHIC - a consortium of four leading Ontario-based companies. Finance came from the Ontario Financing Auth
  • ITS ‘could save Australia US$500 million a year’
    February 22, 2013
    According to Australia’s federal infrastructure and transport minister, Anthony Albanese, an Australia-wide electronic freeway management system has the potential to greatly reduce congestion and save Australian families and businesses more than US$500 million a year. Albanese said as much as he announced the US$21 million contract to deliver an Intelligent Transport System (ITS) and communications infrastructure to the Westgate freeway managed motorway project in Victoria under the national smart managed m
  • Boost for roads and infrastructure in New South Wales budget
    June 23, 2016
    New South Wales infrastructure and services have received a boost in the 2016-17 budget. The government is investing US$15.3 billion (AU$20.2billion) in recurrent and capital funding, an increase of US$2.8 billion (AU$3.7 billion) on 2015-16. It is also providing significant funding for priority projects, including US$2.2 billion (AU$2.9 billion) for WestConnex, the largest transport project in Australia linking Sydney’s west and south-west with the CBD, the Airport and Port Botany. It will also provide
  • Economic crisis needs non-partisan perspectives to stimulate growth
    February 2, 2012
    Kary Witt, President of the IBTTA and Pat Jones, Executive Director and CEO, talk about the need to put aside partisan perspectives in order to deal with the current economic crisis