AECOM and Hyundai Engineering & Construction eye Romanian infrastructure

US-based AECOM, the technical and management support services company, and South Korea’s Hyundai Engineering & Construction, the construction company, are interested in developing major infrastructure projects in Romania, according to the Ministry of Large Infrastructure Projects and Foreign Investments.

Minister Dan Sova has met on Friday with delegations of the two companies, outlining the major infrastructure projects pursued by the government that can be developed in a Public Private Partnership (PPP).

AECOM is interested in financing and providing technical assistance for the infrastructure projects that will be backed by EU funds in the 2014 – 2020 period.

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Sova told Hyundai about the irrigation channel Siret – Baragan, the Transilvania highway and two new reactors at Cernavoda. These are projects for which the government is seeking investors with enough financial clout to build them.

Hyundai’s delegation comprised Song Jin Seoub, vice president of the firm’s nuclear arm, Kim TaekWon, vice president of the international business division and Hong Key Chung, PPP coordinator at C.R.E.A.M. Romania PPP Alliance.

A Hyundai representative will submit “concrete collaboration proposals” for one or more projects at the end of August, according to the Ministry.

Ovidiu Posirca