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

  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Major highway growth in Portugal
    April 12, 2012
    Twenty years ago Portugal was bottom of the European league in terms of roads and safety. A series of ambitious plans has seen the country rise to the top. Patrick Smith reports on how this was achieved In Portugal, out of 3,600km of main national roads (IP+IC), some 1,500km of motorways/high-capacity routes are financed under public-private partnership (PPP) agreements. These are tolled either using shadow tolls (these are being phased out) or real tolls, and plans are in hand to make routes multi free-fl
    Read More
  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
    Read More
  • Kazakhstan’s London road show woos consortia for Almaty ring road
    March 2, 2015
    Kazak and EBRD officials visited London to highlight the possibility of a public-private partnership under the country’s revised PPP legal framework. David Arminas reports. To build a road, you go on the road, and that is what Kazakhstan did in London in mid-December. Representatives of more than 100 organisations, a mix of construction companies and financial institutions, attended the roadshow-style presentation to attract foreign capital for BAKAD, the Almaty Ring Road Concession. The message was that Ka
    Read More

Highlighted Content