Fresh EU funding of EUR 800 mln for Romanian infrastructure

Newsroom 27/01/2017 | 12:42

The European Commissioner for regional policy, Corina Cretu, approved the continuation of 10 projects of high importance in Romania, with European funds of approximately EUR 800 million. The investments comprise infrastructure works started in 2007 and 2013, that will be finished in the current scheduled period.

“These projects represent more than simple investment in infrastructure: used efficiently they can become catalyst of the local, regional and national development. This is why is much more important that EU funds be used in a strategic manner and according to the investments priorities in Romania,” said Cretu.

In transports, the investments are in the construction of the Brasov highway, on section I (DN1-DN11), section II (DN11-DN13) and section III (DN13-DN1), as well as in the rehabilitation of the railway Brasov-Simeria, part of the pan-European hall IV section Sighisoara-Coslariu.

In waste management, the investments are in the Caras-Severin, in Constanta and Iasi counties in the development of the integrated management system of waste.

In water infrastructure, the investments are in the expansion and modernization of the water and used water systems in Covasna, Brasov and Teleorman, as well as the modernization of the channel system.

Georgiana Bendre

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Newsroom | 12/04/2024 | 17:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue