Government signs three major infrastructure contracts

Anca Alexe 15/04/2019 | 08:26

The Dancila government on Sunday signed three important infrastructure projects: the first part of the Sibiu-Pitesti motorway, a segment of the Bucharest ring road as well as moving forward on the new subway line in Drumul Taberei, Bucharest.

The first segment of the long-awaited Sibiu-Pitesti motorway (Sibiu-Boita) will be 13 km long and take 4 years to complete, with an investment of EUR 10 million per kilometre. The company that will build the segment will be Porr Construct.

Segment 3 of the Bucharest ring road, located to the south of the city, will be built by companies Aktor from Greece and Euro Construct Trading 98 from Romania for EUR 180 million excluding VAT. The segment will be about 18 km long and the works are expected to take a total of 42 months, of which 12 will be for planning. The segment will connect the A1 and A2 motorways.

The third contract signed by the government on Sunday was for the traffic safety and automation system for the Drumul Taberei subway line. The contract is worth RON 113 million excluding VAT and the execution period is 9 months, although the Transport minister has stated that signing the contract at this time will mean that the line will be operational by the end of the year.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Anca Alexe | 27/03/2024 | 17:32
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