Delayed ring road due for completion

In Romania, modernisation of capital Bucharest’s ring road is now due for completion in 2012. The delay has been caused by a lack of funds. Upgrading of the sections between DN7 and DN1A and DN1A (Mogosoaia)and DN1 (Otopeni) started in 2007 and some 51km have been improved so far. The total length of the ring road will be 71km when it is complete. Tenders still have to be launched for two more sections of the ring road, the 11km DN2/A2 stretch and the 8.6km A1/DN7 section. Financing for these last section
May 15, 2012 Read time: 2 mins
In Romania, modernisation of capital Bucharest’s ring road is now due for completion in 2012. The delay has been caused by a lack of funds.

Upgrading of the sections between DN7 and DN1A and DN1A (Mogosoaia)and DN1 (Otopeni) started in 2007 and some 51km have been improved so far. The total length of the ring road will be 71km when it is complete.

Tenders still have to be launched for two more sections of the ring road, the 11km DN2/A2 stretch and the 8.6km A1/DN7 section. Financing for these last sections will be provided in part by a €50 million loan from the 1054 European Investment Bank, which is expected to cover around 50% of the costs.

Meanwhile the 1207 SEARCH Corporation is now working on a feasibility study for the construction of Targu Mures-Ditrau highway. Search was contracted by the National Highways and Roads Company.

For more information on companies in this article

Related Content

  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More
  • Romanian road bids
    February 29, 2012
    Bidding is healthy for key road projects in Romania. Four companies and one consortium have submitted bids for the modernisation of the DN18 national road linking Baia Mare with Iacobeni.
    Read More
  • Highway work planned for Serbia
    August 10, 2012
    A series of major highway construction and road repair projects is planned for Serbia. The World Bank (WB), the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have all been in talks with the Serbian Government concerning funding for the work. Funding worth €408.46 million has been approved by the three banks for programme of highway construction and road repairs.
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More

Highlighted Content