Skip to main content

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

  • €4.3 billion Polish road plan for 2024
    July 8, 2024
    Poland has set out a €4.3 billion road development plan for 2024.
  • EBRD sets out new loans for Coratia’s road agency, Hrvatske autoceste
    April 1, 2016
    The European Bank for Reconstruction and Development (EBRD) and Hrvatske autoceste – a state-owned company in charge of the construction, maintenance and tolling of Croatia’s motorways – have signed a loan of up to €250 million. The EBRD’s sovereign-guaranteed loan will come in two tranches. The first €200 million will be used to refinance a portion of HAC’s sovereign-guaranteed debt falling due in 2016. The remaining €50 million will finance operational and efficiency improvements and may serve as a
  • Framework solutions speed bridge construction
    February 24, 2012
    Framework plays a key role in construction of bridges and other major infrastructure works – Mike Woof writes Speeding construction processes can help reduce costs considerably and the latest formwork solutions can provide significant benefits in this regard. In many projects the use of standardized and modular formwork solutions can play a key role, reducing the planning and systems required for bridge building work.
  • Korea strategy
    February 6, 2012
    South Korea is setting an ambitious transport and infrastructure budget for 2010. The country intends to invest US$52.51 billion on projects for new roads and highways, as well as rail and port developments.