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

  • IBTTA commends new report on infrastructure planning
    October 3, 2014
    The International Bridge, Tunnel and Turnpike Association (IBTTA) has responded to the joint report by the Eno Center for Transportation and the American Society of Civil Engineers (ASCE), which highlights the benefits of life cycle cost analysis in planning transportation infrastructure projects. Executive director and CEO Pa trick D. Jones said: “We commend ENO and ASCE for issuing an important report, Maximizing the Value of Investments Using Life Cycle Cost Analysis. This report is especially timely
    Read More
  • Second call for SUM funding applications
    March 27, 2013
    The European Commission's Sustainable Urban Mobility (SUM) campaign has launched a second call for SUM funding applications. The funding available under this second call will co-finance campaign initiatives taking place during the period from 1 July 2013 to 30 June 2014. Applications for the second round of funding must be submitted before 12:00 (CET) on 31 May 2013. A committee of experts will select one winning promotional action per country based on a pre-defined set of evaluation and eligibility criteri
    Read More
  • CIHT welcomes NAO report on roads infrastructure funding
    June 9, 2014
    The UK’s Chartered Institution of Highways & Transportation (CIHT) has welcomed the National Audit Office’s (NAO) report, Maintaining strategic infrastructure: roads, which highlights how long term funding certainty is crucial to how the UK manages its road infrastructure. Funding pressures on highways authorities have encouraged efficiency and innovation in how budgets for road maintenance are spent, but public value will be lost unless funding becomes more predictable, according to the report. The r
    Read More
  • Australia’s Northern Territories budgets for infrastructure, transport
    May 27, 2016
    Health, education and infrastructure have received more than US$2.9 billion (AU$4 billion) in the 2016-17 budget released by the Northern Territory Government in Australia. Transport Minister Peter Chandler said “infrastructure is a high priority for the Northern Territory Government and roads, in particular, are of great importance to business, industry and the community in the Northern Territory. A total of AU$1.7 billion has been allocated to infrastructure with US$425.85 million (AU$589.6 million)
    Read More

Highlighted Content