Release date: 13 June 2006
Promoter – Financial Intermediary
National Administration of Roads within the Ministry of Transport, Constructions and TourismLocation
Description
The project consists of the rehabilitation of several sections of about 1100 km of national roads, either on Pan-European Corridors or links to the Corridors.
Objectives
The project contributes to the rehabilitation of key transit roads in Romania. The associated benefits will comprise vehicle operating cost savings, travel time-savings, safety benefits and savings in routine road maintenance costs.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 450 million.
Total cost (Approximate amount)
Up to EUR 945 million.
Environmental aspects
Where works include re-profiling and/or realignment of an existing route any environmental impact will be assessed to ensure compliance with environmental regulations applicable within the EU.
Procurement
All the construction works and design and supervision contracts above the thresholds in the EU procurement directives will be tendered internationally according to the EIB Procurement Guide.
Status
Signed - 22/12/2006
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).