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

  • April 17, 2015
    CEF funds to be used for EFSI ‘only as a last resort’
    Parts of the European Commission’s proposals for the European Fund for Strategic Investments, which foresee the reallocation of US$3.5 billion from the Connecting Europe Facility to provide a part of the US$17 billion for the guarantee fund should be deleted, Transport MEPs suggested in their opinion approved on Tuesday. This target amount should instead be met by gradual budgetary commitments to the guarantee fund to be decided in the frame of the annual budgetary procedure, they add. Instead of cuttin
    Read More
  • December 6, 2013
    Romanian rail line to be modernised
    Romanian state railway company CFR SA has awarded a contract worth US$519 million to a consortium including Strabag for the modernisation of the 42.2 kilometre long railway section between Vințu de Jos and Simeria in western Romania near the city of Sibiu. The modernisation works comprise the renovation of the railway section, including five stations located outside of the densely populated residential areas, rerouting of the track, tunnelling and bridge building as well as the track bed structure. In t
    Read More
  • February 18, 2014
    Paraguay to launch 2014 infrastructure tenders
    Paraguay's public works and communications ministry (MOPC) plans to begin launching tenders for five of its biggest infrastructure projects next week. Among the projects is the rehabilitation of 73 kilometres of the Villeta-Alberdi highway, which will require an investment of US$46 million with financing coming from Latin American development bank CAF. CAF will also provide financing for the US$38 million rehabilitation of the Estigarribai-Infante Rivarola route, which will help connect Paraguay to th
    Read More
  • July 31, 2014
    EU supports key TEN-T infrastructure projects
    In the last Calls of the trans-European transport network (TEN-T) Programme, the European Commission selected a total of 106 projects that will benefit from over US$428 million in EU support for improving transport infrastructure across Europe. The 52 projects selected from the 2013 Multi-Annual Call and 54 from the 2013 Annual Call will use the EU’s financial support to bring forward the completion of the TEN-T network as well as studying innovative ways of reducing the transport sector’s carbon footprint.
    Read More

Highlighted Content