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

  • Transportation systems should be self-sustaining says study
    January 11, 2013
    A recent study by US public policy think tank claims the nation's growing debt and budget deficits are increasingly impacting efforts to build, upgrade and maintain transportation infrastructure. The study proposes that transportation funding should be shifted to direct user fees, long-term financing and private capital, foundation officials said in a prepared statement. The study recommends a series of tax, regulatory and organisational changes that would help modernise the nation's airports, air traffic c
  • New report indicates reduction in London’s pollution
    July 20, 2015
    A new report, produced by experts at King's College London, for the first time quantifies the health and economic effects of the air pollutant nitrogen dioxide (NO2), where all previous studies have focused on particulate matter (PM2.5). Combined together the effects of both pollutants reveal a higher health impact than previously estimated after taking into account this further pollutant. The study also found that nearly half the health impacts are caused by air pollution outside London such as diesel
  • Mena states plan $225bn transport projects
    October 17, 2013
    The Middle East and North Africa (Mena) region has a US$225 billion rail, metro, tram and bus rapid transit (BRT) capital investment programme to 2030, according to a report by Meed Projects. There are now 108 separate railway, metro, monorail, tram and BRT projects under bid, under design or under study in fourteen Mena countries. More than 50 of them, with a combined value of almost $140 billion, are in the Gulf Cooperation Council (GCC).
  • UK government announces US$60.6 billion infrastructure spending
    April 23, 2014
    UK prime minister David Cameron and chancellor George Osborne have launched a year of major infrastructure investment, with US$60.6 billion of spending planned across 200 projects. Many of the projects due to start construction in 2014 and 2015 are key transport schemes, ranging across road, rail, local transport and airport infrastructure as well as flood defence schemes. These include the Mersey Gateway Bridge, Sheffield Lower Don Valley and Exeter flood defence schemes, major roads such as the M6 J