Four offers for Sibiu-Pitesti A1 motorway Lot 4 section

Main Site Taxonomy WH5 Sub Taxonomy ES08 Image supplied No Needs XSP Romania’s national road agency reports that it has four offers for both the design and construction of Lot 4 of the Sibiu-Pitesti A1 motorway. The National Company for the Administration of Road Infrastructure (CNAIR) said the value of the deal is around €427.5 million. Construction is likely to take 60 months - 16 months for design work and 44 for construction. The bidders are from China, Turkey, Austria and Italy. Lot
September 4, 2019 Read time: 2 mins

Romania’s national road agency reports that it has four offers for both the design and construction of Lot 4 of the Sibiu-Pitesti A1 motorway.

The National Company for the Administration of Road Infrastructure (CNAIR) said the value of the deal is around €427.5 million. Construction is likely to take 60 months - 16 months for design work and 44 for construction.

The bidders are from China, Turkey, Austria and Italy.

Lot 4 runs nearly 11km from Curtea de Argeș to Tigveni.

The 576km A1will connect the capital Bucharest with the Banat and Crișana regions in the western part of the country, running in a south-east to north west direction. It connects the major cities of Pitești, Sibiu, Deva, Timișoara and Arad, reaching Hungary's M43 motorway near Nădlac.

The motorway is built along the Trans-European Transport Networks Rhine-Danube Corridor and so reportedly receives 85% funding from the 1116 European Union.

For more information on companies in this article

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • 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
    Read More
  • Construction to start on Hungary’s revamped M4 project in 2016
    July 7, 2015
    The Hungarian government has announced that it will restart work on a new section of the M4 dual carriageway between Albertirsa and Ullo in 2016. Hungarian media reported that the government will invest around €192 million and no funding will come from the European Union, of which the country is a member. The two towns are around 25.5km apart, with Albertirsa closest to the capital Budapest at around 60km. The project should be finished some time in 2019, according to Hungarian media. The announcem
    Read More
  • Montenegro on the ropes over China deal
    April 13, 2021
    The first 41km of highway cost €20 million per kilometre - one of the most expensive highways in the world.
    Read More

Highlighted Content