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

  • Near US$200m loan for Balkan motorway
    April 27, 2012
    The European Bank for Reconstruction and Development (EBRD) has granted a US$198million (€150million) sovereign-guaranteed loan for the construction of part of the new Banja Luka-Doboj motorway in Bosnia and Herzegovina. The loan-targeted motorway section is the main east-west link in Republika Srpska, one of the country’s entities. The EBRD said it will also support the preparation of the first public-private partnership (PPP) project for the main north-south link in Bosnia and Herzegovina, Doboj to Vukosa
  • Decision due on Romania’s €1.2bn Comarnic-Brasov highway contract
    December 11, 2013
    Two competing consortia are due to find out tomorrow (December 20 2013) which one has won the estimated €1.2 billion (US$1.65 billion) contract to build the Comarnic-Brasov highway section in Romania. The Vistrada Nord consortium formed of Vinci of France, Strabag of Austria and Aktor of Greece, and another consortium involving Impreglio and Salini of Italy are vying for the prized works. The Comarnic-Brasov highway section should be completed by the end of 2016, according to Narcis Neaga, general man
  • Lincoln bypass project in the UK approved
    April 15, 2022
    The Lincoln bypass project in the UK has been approved.
  • Building Georgia’s transport connections to its neighbours
    October 26, 2016
    Georgia’s government aspires to turn the country into a regional transport-transit hub, and with renovated and expanded transportation infrastructure it knows that the country can offer significant opportunities to others in the region, and globally – Gordon Feller writes The Caucasus Transit Corridor (CTC) is the key transit-route between Western Europe and Central Asia for oil and gas, as well as dry cargo. CTC is part of TRACECA (TRAnsport Corridor Europe to Central Asia). This is the shortest route