Romanian Ministry of Transport to spend EUR 750 mln on rehabilitation of Danube ports

Newsroom 16/12/2013 | 13:33

One of the projects which the Romanian minister of transport, Ramona Manescu, hopes will make history over the next years and which should be completed during her term, is the rehabilitation of the country’s Danube ports, she said this Sunday during a ProTV interview.

Romania has access to EU funds worth EUR 750 million for this rehabilitation, as part of the Connecting Europe Facility program, she added. “It is an integrated project because we are not referring only to the navigable water routes but the rehabilitation of the ports and the logistic centers that can be found in these ports,” she explained. The project should start in 2014.

In October this year, the Ministry of Transport announced that it has access to EU funds worth EUR 1.3 billion which will be used for the rehabilitation of the Craiova-Calafat railway (EUR 400 million) and the rehabilitation of the 16 Danube and Black Sea ports.

The EU funds that the ministry plans to spend in 2014 amount to EUR 675 million. However, the share of investments in the institution’s 2014 budget is low as the funds are meant to be used only to co-finance EU projects, said Manescu. Most of next year’s budget will go to the rehabilitation of railways, she explained.

Simona Bazavan